"Our engagement is designed to ensure that all interested parties are considered before any transfer of assets is made" Michael Charles
(PRWEB) May 12, 2010
On behalf of the Liquidator, Chris Smith of Grant Thornton (Gibraltar) Michael Charles of Amco Agency Ltd has been instructed to sell the remaining IP.
Following a lengthy battle over patents relating to gas injected plastic moulding the remaining IP assets of Melea Limited, a Gibraltar company that licensed the Intellectual Property known as "Gain Technology" are now to be sold.
A Winding Up Order (2009 Comp No 13) was made against Melea Limited in the Supreme Court of Gibraltar 2 November 2009, following a petition brought by U.K.-based Cinpres Gas Injection Ltd., the company’s major creditor.
Melea Limited, the owner of the gas assisted injection moulding patents marketed by Gain Technologies Inc, and Cinpres had been involved in a series ofl challenges over patents relating to gas-assisted plastic moulding.
Much of this technology has its’ roots in work carried out for both companies by James Hendry described as the ‘father’ of gas-assisted injection moulding.
Michael Charles commented. "This technology is seen by many in the injection moulding trade as pivotal. Had it not evolved into a long running battle over ownership the processes would have significantly advanced."
"Our engagement is designed to ensure that all interested parties are considered before any transfer of assets is made."
Interested parties should contact Michael Charles by email
A completed Non Disclosure Agreement and proof of funding will be required prior to the release on an Information Memorandum
Michael Charles, F.N.A.V.A
Amco Agency Limited
Suite 501 International House
223 Regent Street
Telephone +44 (0)8452 300 700