Sealegs settles damages claim
Confidential agreement ends long-running litigation with rival amphibious boat technology companies.
Sealegs was facing a $6.8m damages claim hearing next year after losing in the Appeal Court.
Amphibious boatmaker Sealegs has settled long-running litigation with rivals Anura and Smuggler Marine ahead of a hearing on its potential multi-million-dollar liability for damages.
In a statement posted to the USX by parent company Future Mobility Systems, chair Eric Series said the terms of the
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