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Prima Garnet, Ogilvy agree on  Out-of-Court settlement

By Princewill Ekwujuru

Prima Garnet Communications Limited  and  Ogilvy & Mather Africa BV  have    announced that they have  entered an agreement  to  settlement  Out-of-Court  over a previous affiliation dispute.

The settlement follows an application to the High Court of Lagos State by  Ogilvy & Mather Africa BV  and which was confirmed by Prima Garnet Communications Limited, to seek a settlement agreement on an affiliation dispute, which was under litigation for several years.

During the hearing of the matter on the 15th  of December 2017 and following the application, the Honorable Justice L.A.F. Oluyemi of the High Court of Lagos State entered the Terms of Settlement dated the 14th  of December, 2017, (which was duly executed by the parties and their respective counsel) as the Consent Judgment of the court in the matter and this therefore brings the matter to a closure.

Spokespersons for the parties announced that they “have had mutually beneficial discussions and the outcome is an amicable resolution of the dispute and the Consent Judgment. This development allows both parties to put an end to the matter as we continue to contribute to the growth of the Nigerian advertising landscape.


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