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UK Real Estate Director Agrees To 5-Year Disqualification

Law360 (April 30, 2019, 4:56 PM EDT) -- The former director of a U.K. real estate company accused of participating in a scheme to fix minimum commission fees has agreed not to act as a director of any company for five years, the country's competition authority said Tuesday.

The Competition and Markets Authority accepted an undertaking that resolves claims against Graham Thompson, former director of Saxons PS Ltd., after asking England's High Court in February to disqualify him over his alleged role in an estate agency cartel.

That case also targeted Michael Martin, former director of Gary Berryman Estate Agents Ltd. and Warne Investments Ltd. The proceedings against Martin are...

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