Broker To Curb Business Over Rival's Poaching Claims
Law360, London (September 25, 2019, 5:31 PM BST) -- A British self-storage insurance broker has promised to curtail part of its operations and agreed not to use a U.S. rival's confidential information before a trial in London over a failed partnership to sell tenant protection cover.
Surrey-based Basil E. Fry & Co. Ltd. promised not to sell or consider "unsolicited" protection insurance to tenants of the storage units or to discuss matters with its policyholders without first asking for permission, according to a Sept. 23 High Court order.
The broker, which consented to the order, also promised not to disclose business information sent by OTM Insurance Specialist LLC, a one-time partner...
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