The High Cost of Justice
By Brian Madigan LL.B.
Recently, a non-competition clause was under discussion. An insurance agent left the company and went to another. The first employer was annoyed and decided to sue.
The case occupied about 14 days of Court time. The trial was 12 days, the appeal was one day, and a discussion about costs was one further day.
The Court awarded costs to the successful party at about $550,000. Naturally, there was more time spent on the case than just those days, but 14 days of Court time was assessed at about $40,000 per day.
It’s obviously not “cheap”, to have your day in Court. And, if you are suing over a matter of principle, why not suck it up, and buy yourself a nice waterfront condo in Florida instead!
Brian Madigan LL.B., Broker is an author and commentator on real estate matters, Royal LePage Innovators Realty
905-796-8888
www.OntarioRealEstateSource.com
{ 2 comments… read them below or add one }
So which party one, the insurance agent or the annoyed employer?
Actually, the departing employees were successful.
Brian Madigan