Software company enforces restrictive covenant on salesman

A court has ruled that a restrictive covenant involving a software company and a former employee was reasonable and so therefore enforceable.

The company produced software for the fresh produce industry. They licensed their products for 12-month periods and renewed the licence upon payment of an annual fee.

The sales manager had a post-termination restrictive covenant in his contract that said he couldn’t engage in any business with a similar company within a 12-month period of leaving.

Landlord entitled to refuse tenancy to ‘unreasonable’ retailers

A court has ruled that a landlord was within his rights to refuse to renew tenancies to shopkeepers who had pestered him with frivolous lawsuits.

The issue arose because over several years, the shopkeepers had brought a total of 10 claims against the landlord saying that he had obstructed their rights of way and their entitlement to parking spaces.

Berry Smith advises AIM listed EKF Diagnostics Holdings Plc on acquisitions and fundraising

Berry Smith acted for AIM listed EKF Diagnostics in its acquisition of two international diagnostic businesses for a combined purchase price that could rise to over £60m.

The Penarth-headquartered company entered into a conditional agreement to buy US-based molecular diagnostics developer Selah Genomics for a sum up to £42.5m. The consideration will satisfied through a share issue.