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Billionaire Richard Branson’s Virgin Group emerged victorious in its lawsuit against Miami-based passenger rail Brightline after a judge at London’s High Court awarded Virgin $115 million in damages.
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A British judge ruled in favor of Richard Branson's Virgin group on Thursday in its lawsuit against a U.S. passenger railroad company that terminated a licensing agreement and claimed the Virgin brand was no longer one of "high repute."
Judge Mark Pelling ruled in favor of Virgin Enterprises, which had sued Brightline for breaching an agreement to rebrand as Virgin Trains USA.
A British judge has ruled in favor of Richard Branson’s Virgin group in its lawsuit against a U.S. train company over a licensing agreement.