Jan 13 (Reuters) - Surfstitch Group Ltd (SRF) Cessation of...

Jan 13 (Reuters) - Surfstitch Group Ltd (SRF)

• Cessation of contractual relationship with streamline retail pty limited
• Lawyers for streamline have indicated that streamline asserts certain rights and obligations relating to prior contractual relationship between parties
• Rights and obligations, including ownership and control of certain intellectual property rights, are disputed
• Disputed rights have not, as yet, been clearly identified by streamline and no specification has been provided as to ownership or extent of disputed rights
• Possible scope and impact of dispute upon company are currently unclear