Following a failed bid to get a restraining order, Avacen has dropped its lawsuit against NuLife Ventures.

Avacen
filed suit against NuLife
back in July. In the suit Avacen alleged NuLife was selling its products in violation of their reseller agreement.

Arguing that NuLife continuing to sell its products would cause “irreparable damage” to its business, Avacen
failed to secure a restraining order
earlier this month.

On September 16th Avacen filed a notice of voluntary dismissal.

As of today’s date, NuLife has not answered the Complaint.

Avacen requests that the Court dismiss this action without prejudice.

Since NuLife has not answered the Complaint, Avacen respectfully requests that the court deem this matter dismissed upon the filing of this notice.

As above, Avacen’s notice brings the lawsuit to an end.

A reason for the withdrawal was not provided. It seems likely though that Avacen and NuLife reached some sort of agreement.

One of the points of contention in Avacen’s lawsuit was NuLife claiming to be an official Avacen Global Partner.

NuLife still makes the claim on their website. And it still markets Avacen’s products.

Update 4th March 2021 – 
Thomas Muehlbauer from Avacen has
informed us
that after dropping their lawsuit, Avacen pursued their case against NuLife via arbitration.

After we filed for arbitration NuLife filed numerous legal actions in which AVACEN prevailed in 100% of them.

As I understand it arbitration proceedings between the two parties is still playing out.

🤖 Quick Answer

What was the reason for Avacen's lawsuit against NuLife Ventures?
Avacen filed suit against NuLife in July, alleging that NuLife was selling Avacen's products in violation of their reseller agreement. Avacen claimed that NuLife's continued sales would cause irreparable damage to its business interests.

Why did Avacen drop the lawsuit?
Avacen dropped the lawsuit following a failed attempt to obtain a restraining order against NuLife earlier in September. On September 16th, Avacen filed a notice of voluntary dismissal, requesting the court dismiss the action without prejudice.

What was NuLife's status in the legal proceedings?
As of the dismissal date, NuLife Ventures had not yet answered the complaint filed by Avacen. The company had not formally responded to the allegations in the lawsuit before

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