EnWave Reports Successful Injunction Application Against Former CEO VANCOUVER, British Columbia, April 26, 2022 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) ("EnWave", or the "Company") received today the written reasoning from the B.C. Supreme Court granting an injunction application against its former CEO, Timothy Durance, his companies and affiliates. EnWave continues to pursue its civil claims in the B.C. Supreme Court against several former EnWave employees and other parties, including Timothy Durance.
On July 30, 2021, EnWave filed an injunction application seeking orders restraining Mr. Durance, his companies and affiliates from selling or supplying vacuum microwave dryers pending trial.
On August 20, 2021, the court granted an order prohibiting Mr. Durance and his companies, and anyone acting in conjunction with them, from selling, attempting to sell, supplying, delivering or installing vacuum microwave dryers pending a more complete hearing of EnWave's injunction application.
EnWave's injunction application was heard in the B.C. Supreme Court from January 17 to 20, 2022. On April 25, 2022, the court issued reasons for judgment ordering that the injunction against Mr. Durance, his companies and affiliates remain in place until the trial of EnWave's action. The reasons for judgment will be publicly available through the B.C. court website later today. A trial is scheduled for September 2023.