Oval wins out of court settlement against former employees
The latest consolidator enforcement of restrictive covenants has seen Oval agree an out of court settlement with two former employees.
Oval described the settlement, agreed with Liverpool-based broker, Butterworth Spengler, as “significant” and revealed that it related to two former Oval account executives who had breached the conditions of their contract covenants upon joining the broker.
Oval’s regional managing director, Steve Penketh, said: “We take this breach of contract very seriously and will always seek to enforce our covenants in a very robust way. All Oval employees sign similar contracts, and are fully aware of the
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