A breakdown in the relationship of two high-flying friends — former senior ANZ executive David Carr and Barclays top banker Ivan Ritossa — was not a reason to order the winding up of the pair’s property investment trust, a court has found.
A court has imposed an interim injunction on a former Samsung Electronics business manager, restraining him from taking a similar role with rival Electrolux until a case alleging breach of post-employment restraints is heard.
A regional law firm has lost its bid to bar a former employee from opening a rival practice within a 50 kilometre radius of its offices while its case is ongoing, with a judge saying the case raised a âreal issueâ of reasonableness, especially in light of a lawyer shortage in the town.