MEDIA CORP TO DEFEND LEGAL CLAIM

02/19/2012 : MEDIA CORP TO DEFEND LEGAL CLAIM
 
Dormant subsidiary and a 2007 agreement named in claim
 
Media Corporation Plc, recently in the news with the announcement of a joint venture partnership agreement with Hippodrome Casino , has advised of a claim in excess of GBP 300 000 laid against it and a dormant subsidiary of the Company, Search Focus Limited.
 
While little information has been released on the nature of the claim, the action has been brought against the company by CD Casino.com and reportedly pertains to an agreement dating back to February 2007.
 
Media Corporation has made clear its intention to defend the claim "vigorously" following in-depth consultation with its legal advisors.