Australia, May 27 -- New South Wales Land and Environment Court issued text of the following judgement on April 28:
1. Fonterra Brands (Australia) Pty Ltd is part of a group of companies (Fonterra Group) ultimately controlled by Fonterra Co-operative Group Ltd (Fonterra). Fonterra Brands, and its wholly owned subsidiary, Bonland Cheese Trading Pty Ltd, bring these proceedings practically on behalf of the Fonterra Group.
2. Fonterra Brands and Bonland Cheese have the benefit of Bega Cheese trade marks under two licence agreements. They seek declaratory relief that, if the Fonterra Group is restructured and it divests itself of its Australian consumer business, including Fonterra Brands and Bonland Cheese, those steps will not trigger "chan...