Updated
Updated · Bloomberg Law · Sep 11
Florida Court Denies HUB International Injunction Against Former VP Over 1 Contract Claim
Updated
Updated · Bloomberg Law · Sep 11

Florida Court Denies HUB International Injunction Against Former VP Over 1 Contract Claim

1 articles · Updated · Bloomberg Law · Sep 11

Summary

  • A Florida federal judge refused to grant HUB International Midwest Ltd. a preliminary injunction against a former senior vice president and producer who left for a competitor.
  • The court said HUB failed to prove irreparable harm on its restrictive-covenant breach claim because the lost client revenue was quantifiable and could be fully covered by money damages.
  • That ruling leaves HUB without immediate court-ordered restrictions on the former executive while the contract dispute continues.

Sources

Bloomberg Law41d ago
Florida Court Denies HUB International's Injunction Against Former VP

Insights

Why did a federal court let an executive take a $1.6 million client book to a rival despite a strict non-solicitation agreement?
If losing massive client revenue isn't considered irreparable harm, how can brokerage firms actually protect their business from departing executives?
Can a departing broker legally poach top clients simply because the former employer can calculate the exact financial damage later?

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Sources

1 total
Bloomberg Law41d ago
Florida Court Denies HUB International's Injunction Against Former VP

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