Honeywell Group Secures Landmark Judgement Against Ecobank at Supreme Court

In what appears to be its most strenuous legal battle as a corporate legal entity, Honeywell Group (the parent company of Honeywell Flour Mills PLC) has secured a major victory over transnational African financial powerhouse Ecobank. The two business entities have engaged in a protracted legal dispute that dragged on to the Supreme Court. The case was finally settled recently in favour of Honeywell Group at the apex court. The court ruled on the case on July 13, 2018 in which it dismissed Ecobank's appeals against Honeywell for frivolity and wasting of the court's time. Prior to approaching the Supreme Court, Honeywell had won the case at the lower courts, prompting Ecobank to seek appeal.
Coming at this time (tough business climate), this is a great news and huge relief;  not only to the owners and management of Honeywell, but to the baked goods industry and supply chain, being that the group is a major player in the flour milling landscape. Legal disputes are always a distraction to businesses, therefore it gives great relief to end it as quick as possible, so that the distractions and costs could be put behind. We hope Honeywell Flour Mills could ride on the back of this ruling to reposition and refocus her business, to deliver more competition to the supply chain.
https://www.thisdaylive.com/index.php/2018/07/18/ecobank-fails-against-honeywell-as-supreme-court-dismisses-appeals/amp/