Court Follows Dismissal of Suit Against Astris Energi with Award of Costs.Business Editors MISSISSAUGA, Ontario For the First Nation, see . Mississauga (pronounced: [ˌmɪsɪˈsɑgə] listen , Canada--(BUSINESS WIRE)--Dec. l9, 2002 Astris Energi Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ASRNF) has been notified that the Superior Court of Justice of Ontario, which last month dismissed a lawsuit against the company, has awarded a net of $81,000 to Astris after a review of claims for costs submitted by both parties. The plaintiff in the suit, former officer and director, E. Roy Birkett, has filed an appeal which will be heard by the Ontario Court of Appeal The Court of Appeal for Ontario (frequently referred to as Ontario Court of Appeal) is headquartered in downtown Toronto, in historic Osgoode Hall. The Court is composed of 22 judges who hear over 1 500 appeals each year, on issues of private law, constitutional . Management believes the appeal will be unsuccessful. NOTE: Any statements in this release that are not statements of fact may be considered "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " as that term is defined in federal security law. Forward-looking statements are only predictions and may differ materially from actual events or results. |
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