Zetwerk, Ayr Energy Settle Legal Dispute

by · Inc42

SUMMARY

  • Zetwerk and Ayr Energy have reached a global settlement, with both sides agreeing to drop pending legal claims and seek an end to the USITC probe
  • The settlement ends a year-long legal battle between Zetwerk and Ayr Energy as Zetwerk prepares for its public-market debut
  • Both sides have agreed to withdraw their claims across US and Indian courts and jointly seek termination of the USITC investigation