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Cenox firms seek W80 bil. in damages.

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| December 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Korea Herald)

By Kim Sung-mi A group of local vendors of Cenox, a controversial fuel product, said yesterday that they plan to file a lawsuit seeking 80 billion won ($67 million) in damages against the government next month, in a move that will likely intensify the ongoing feud between Cenox advocates and the authorities. "We will seek redress for financial damage caused by the government clampdown on sales of Cenox," the National Association of Cenox Distributors said in a statement. "Some 300 Cenox distributors have signed up for the plan and we will soon designate a lawyer," the association stated. Free Flight Co., the producer of Cenox, said the planned lawsuit is being organized completely independently of the company. It issued a separate appeal to the National Tax Service and the Ministry of Commerce, Industry and Energy to allow it to resume sales of the product. Ruling that Cenox is an imitation gasoline, ...

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