AirPro Says Rival Used Merger Talks To Build Competing Tool
By Susan Smiley
Counsel for AirPro Diagnostics LLC urged a Sixth Circuit panel on Tuesday to reverse a lower court's summary judgment ruling and allow its breach of contract suit to proceed to trial, arguing that a rival company violated a mutual party agreement by using confidential information disclosed during merger negotiations to develop a competing diagnostic tool.
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REAL ESTATE & DEVELOPMENT
Compass Sues Ex-ERA President Over Move To RE/MAX
By Lauren Berg
Brokerage giant Compass Inc. claims the former president of its subsidiary, ERA Real Estate, breached noncompete agreements when he left to become president of rival Re/Max, taking with him knowledge of proprietary marketing and business information, according to a new lawsuit filed in Delaware Chancery Court.
Complaint attached |
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