Update on legal proceedings of EssilorLuxottica against HAL and GrandVision

EssilorLuxottica acknowledges that yesterday a Dutch district court issued a judgment in the summary proceedings that were initiated by them. The company had announced in July that it had taken legal steps intended to assess the way GrandVision conducted its business during the Covid-19 crisis, as well as the extent to which GrandVision had breached its obligations under the support agreement.

The court now dismissed demands for disclosure of information from both HAL and GrandVision on how the latter company conducted business during Covid-19. EssilorLuxottica reports that the information and data seized at the premises of GrandVision, with the express permission of the court, will remain protected from any change and available for further legal proceedings. EssilorLuxottica is studying the judgment and assessing its options, including the possibility of filing an appeal. The company says that it remains concerned about GrandVision’s behavior in continuing to deny access to important information related to their handling of the Covid-19 outbreak.