Matthew Brandis, partner and practice group leader in the dispute resolution practice group negotiated a settlement agreement which both parties were content to agree, because it swiftly brought the threat of proceedings to an end and our client was able to protect its business from unfair competition for a set period of time. He adds:
“Our client was understandably concerned when a former agent of theirs set up a business in direct competition. Our client’s main concern was that its database of customers was going to be used by the new company in breach of the terms of the agency agreement.
The swift resolution not only meant that the legal costs were low but our client was able to concentrate on their business once more, without the distraction of bringing a claim against their former agent”.