AJ Gallagher Loses Employee Poaching Conspiracy Suit
Law360, London (October 25, 2019, 3:24 PM BST) -- U.S. insurance group Arthur J. Gallagher and its subsidiary Alesco Risk Management have lost their case accusing a rival group of poaching employees and business contracts, after a London judge rejected their conspiracy claims on Friday.
Judge Clive Freedman dismissed the High Court claim almost in its entirety. He found that the Ardonagh Group and its subsidiaries, Bishopsgate Insurance Brokers Ltd. and Price Forbes and Partners Ltd., had not conspired to cause loss to Alesco by poaching its staff and business.
The judge found only one instance in which the Ardonagh companies induced a client of Alesco to breach its contract,...
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