GK: Special Advisory

GraceKennedy Limited (GK) has advised that on December 11, 2017 the Privy Council handed down its judgement in the matter, Paymaster v GraceKennedy Remittance Services Limited & Paul Lowe, unanimously allowing GK’s appeal and dismissing Paymaster’s counter appeal. On the claim of breach of confidence, the Law Lords found that there was no information in the software or manual in question that could have been considered confidential. With respect to copyright claim, the Privy Council ruled that Paymaster did not own the copyright in the software.

More Stories from the Market
shutterstock_453968572
April 8, 2026   Seprod Limited (SEP) has advised of the retirement of Mr. Dale Wiest, General Manager of Jamaica Grain and Cereals Limited …
shutterstock_148562033
April 8, 2026   Massy Holdings Ltd. (MASSY) has advised of the following connected party transactions: purchase of 3,740,213 MASSY sha…
shutterstock_316932977-700x441
April 08, 2026 A staff team from the International Monetary Fund recently concluded a virtual mission to Haiti to assess progress under the country…
shutterstock_556282549
April 08, 2026 Economic growth in Latin America and the Caribbean is projected to moderate in the near term, reflecting a challenging global and re…
shutterstock_367343003
April 08, 2026 Net International Reserves – March 2026 BOJ has reported that Jamaica’s Net International Reserves as at March 31, 2026, stood at…
shutterstock_453968572
April 8, 2026 United States: US and Iran Agree to Ceasefire, Easing Energy-Crisis Fears   The US and Iran agreed to a two-week cease…
shutterstock_148562033
April 7, 2026   Jetcon Corporation Limited (JETCON) has advised that a connected party purchased a total of 50,000 JETCON shares during the…
shutterstock_68191825
April 07, 2026 The seasonally adjusted unemployment rate in the euro area was 6.2% in February 2026, up from 6.1% in January 2026 and down from 6.3…