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RedHill Granted $8.25M Original Award Plus $1.82M Legal Costs As New York Court Rules Against Kukbo Again

Author: Benzinga Newsdesk | September 29, 2025 06:08am

The New York Supreme Court has, on appeal, upheld its original summary judgment ruling in favor of RedHill
The New York Supreme Court unequivocally dismissed Kukbo Co. Ltd's ("Kukbo") defense again, further ruling that RedHill had fulfilled its agreement obligations even after Kukbo's breach
RedHill has been granted approximately $10 million in total awards comprised of the $8.25 million original award and a subsequent $1.82 million award for legal costs and expenses (including 9% statutory interest accrual)

Posted In: RDHL