The Tribunal is scheduled to hear submissions in relation to the large merger wherein Shoprite Checkers (Pty) Ltd (“Shoprite”) intends to acquire multiple registered trademarks owned by Mr. Basil Synodinos which are used in conducting his retail grocery and general merchandise activities (the “Trademarks”). Should the merger be approved, Shoprite will own the Trademarks which the President Outlets use in conducting their retail grocery operations and accordingly, the President Outlets will be .