GuestLogix and Abanco Reach Settlement Agreement Sep 21, 2009 07:30AM

TORONTO, ONTARIO -- (MARKET WIRE) -- 09/21/09 -- GuestLogix Inc. (TSX VENTURE: GXI) and Abanco Investments, LLC (and Abanco-related entities Abanco, LLC and Abanco International, LLC) have entered into a settlement agreement that resolves their lawsuits pending in the United States District Court for the Northern District of Illinois and the Ontario, Canada, Superior Court of Justice. Under the terms of the settlement, Abanco and GuestLogix agreed to dismiss their claims, with prejudice, and neither party is required to make any cash payment or to provide any ...


GuestLogix and Abanco Reach Settlement Agreement Sep 21, 2009 07:30AM

TORONTO, ONTARIO--(Marketwire - Sept. 21, 2009) - GuestLogix Inc. (TSX VENTURE: GXI) and Abanco Investments, LLC (and Abanco-related entities Abanco, LLC and Abanco International, LLC) have entered into a settlement agreement that resolves their lawsuits pending in the United States District Court for the Northern District of Illinois and the Ontario, Canada, Superior Court of Justice. Under the terms of the settlement, Abanco and GuestLogix agreed to dismiss their claims, with prejudice, and neither party is required to make any cash payment or to provide any compensation to the other. About GuestLogix GuestLogix (TSX VENTURE: GXI) is the leading provider of onboard retail technology and solutions to the passenger travel industry. Through its ...