Ideal Standard International SA & Anor v Herbert
The Settlement Agreement did not waive Mr. Herbert's obligations under the Share Agreement; there is a serious issue to be tried regarding the enforceability of the non-compete clause, and the balance of convenience favours granting an interim injunction to restrain breach pending arbitration.
Source-derived case information.
- Parties
- Applicant: Ideal Standard International S.A.; Applicant: Ideal Standard International Holding SARL; Respondent: Mr. Anthony Herbert
- Jurisdiction
- England and Wales
- Judgment Date
- 22 November 2018
- Procedural Posture
- Application for Interim Injunction / Interlocutory
- Outcome
- interim injunction granted
- Legal Topics
- Non Compete Clause, Shareholder Agreement, Interim Injunction, Restraint of Trade, Confidentiality
Source-derived case record
Summary, issues, holding and outcome
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Parties
Ideal Standard International S.A.
Applicant
Ideal Standard International Holding SARL
Applicant
Mr. Anthony Herbert
Respondent
Procedural Posture
Application for Interim Injunction / Interlocutory
Legal Issues
- 1 Whether the Settlement Agreement released Mr. Herbert from obligations under the Share Agreement
- 2 Whether the non-compete clause in the Share Agreement is enforceable and reasonable
- 3 Whether the balance of convenience favours granting interim relief
Ratio Decidendi
The Settlement Agreement did not waive Mr. Herbert's obligations under the Share Agreement; there is a serious issue to be tried regarding the enforceability of the non-compete clause, and the balance of convenience favours granting an interim injunction to restrain breach pending arbitration.
Court Disposition
interim injunction granted
Orders
- Mr. Herbert restrained from breaching the non-compete clause pending determination in arbitration
Full Case Text
Judgment text and source record
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