Ann: Ikon Legal Action - Decision, page-10

So, the net result is that Cellmid has been allowed three years to pay its account. You can’t get credit like that anywhere.

Meanwhile the Company has had access to $939K extra cash for that period, probably avoiding the need for an earlier CR. Interest paid will equal interest received, so it’s been an interest-free loan.

Justice Ball has simply ordered the Company to pay its bill, with no costs or other penalties awarded, implying no fault found.

The DVM Law opinion: “Ikon was entirely successful and should be congratulated on fighting a difficult case. We now need to sit down and read the judgement and, importantly, understand the lessons learned for the media and advertising industry”, suggests Ikon might have some work to do to avoid another difficult case.