There has been a lawsuit with Urbani, which settled recently. UBNI had to give up all the Urbani trademarks etc., and must have found another truffle supplier.
I love truffles.
URBANI HOLDINGS INC filed this 10KSB on 05/27/2003.
Item 3.Legal Proceedings.
On January 31, 2003, a complaint was filed against Rosario's Epicurio
Ltd. by Nuova Casa Del Fungo E Del Tartufo SRL in United States District Court,
Eastern District of New York. The complaint alleges among other things breach of
contract and unjust enrichment against Rosario's. The plaintiff is demanding
$1,024,821.61, together with prejudgement interest, costs, expenses, etc. and
such other relief as the court deems just and proper.
On January 10, 2003, a complaint was filed against Rosario's Epicurio
Ltd. by Cibo Vinum Import SRL in United States District Court, Eastern District
of New York. The complaint alleges among other things breach of contract and
unjust enrichment against Rosario's. The plaintiff is demanding $487,666
together with prejudgement interest, costs, expenses, etc. and such other relief
as the court deems just and proper.
On March 12, 2003, a complaint was filed against the Company by Urbani
Tartufi S.N.C. in Eastern District of New York court. The complaint alleges
trademark infringement, dilution, unfair competition and violation of the
Anticyber Squatting Consumer Protection Act.
Other than above, there are no material legal proceedings pending or,
to the Company's best knowledge, threatened against the Company.
