American partner sues young Norway entrepreneur / News / The Foreigner

The Foreigner American partner sues young Norway entrepreneur. A revolutionary product that could help save lives has become the subject of an international lawsuit following an alleged contract breach by its Norwegian vendor. Grønt Norge (Green Norway) owned by entrepreneurs Waleed Ahmed and Flemming Bordoy, signed a contract last year with US-based ECG glove manufacturers Affirmative Solutions giving them the right to sell the gloves in 15 countries. The glove allows doctors to measure the heart rate of a patient and have the information sent straight to a computer.

greennorway, ecgglove, iphone



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American partner sues young Norway entrepreneur

Published on Monday, 23rd April, 2012 at 09:27 under the news category, by Lyndsey Smith   .
Last Updated on 23rd April 2012 at 09:41.

A revolutionary product that could help save lives has become the subject of an international lawsuit following an alleged contract breach by its Norwegian vendor.



Grønt Norge (Green Norway) owned by entrepreneurs Waleed Ahmed and Flemming Bordoy, signed a contract last year with US-based ECG glove manufacturers Affirmative Solutions giving them the right to sell the gloves in 15 countries.

The glove allows doctors to measure the heart rate of a patient and have the information sent straight to a computer.

Affirmative Solutions says it has produced tens of thousands of the items to the value of more than USD 1 million, but are still allegedly waiting for payments several months later

The company now claims that Grønt Norge is responsible for all expenses incurred caused by a breach of contract.

Mr Ahmed had also signed he assumes responsibility for the purchase should the company be unable meet its financial commitments.

A US court has now issued a summons against Mr Ahmed and Grønt Norge, who Affirmative Solutions is now suing for compensation, NRK reports.

Mr Ahmed claims that the Middle Eastern buyer of the gloves had backed out after only paying part of the bill, however.

“We had an agreement with somebody who was to buy the first 50,000 ECG gloves. Unfortunately, he pulled out after just part of the bill had been paid,” Mr Ahmed told the broadcaster.

Warning he may consider legal action against the purchaser, he continued, “Now we’re trying to get him to pay his share of the bill so that we can resolve this as quickly as possible.”

Mr Ahmed and his business partner Flemming Bordoy became famous following their invention of a case for the iPhone, which uses solar energy to charge the mobile.



Published on Monday, 23rd April, 2012 at 09:27 under the news category, by Lyndsey Smith   .
Last updated on 23rd April 2012 at 09:41.

This post has the following tags: greennorway, ecgglove, iphone.





  
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