Lonmar agrees £1mn+ settlement with Tysers
Lonmar Global Risks has reached a cash settlement with fellow London independent Tysers for court costs arising from the 12-day staff poaching trial that ended with all claims being dismissed, The Insurance Insider can reveal.
The terms of the settlement, which was reached ahead of a High Court cost hearing scheduled for 17 November, have not been disclosed. However, The Insurance Insider has learnt that Lonmar has agreed to reimburse Tysers and the other affected parties an aggregate sum in...
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