Cordiant Settles with PR Execs it Dismissed
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Cordiant Settles with PR Execs it Dismissed

Cordiant has reportedly resolved a legal dispute with former public relations division leaders Nick Miles and Hugh Morrison, agreeing to pay them as employees until September 23.

Paul Holmes

LONDON, March 25—Cordiant has reportedly resolved a legal dispute with former public relations division leaders Nick Miles and Hugh Morrison, agreeing to pay them as employees until September 23. The company said that in exchange, the two executives are obliged to stand by restrictive covenants in their contracts,  which prevent them from starting a rival firm immediately.
 
A statement released by both parties said legal proceedings brought against directors Miles and Morrison had been dropped, as had counterclaims made by the two employees. Neither party will receive damages from any other party, and both sides will pay their own legal expenses.
 
A Cordiant spokesman said, “The employment contracts have held good and we have paid no damages. They have had to withdraw their allegations and we can get back to business as usual.”
 
Miles and Morrison sold their firm, Financial Dynamics, to Lighthouse, which was later acquired by Cordiant, which also owns Morgen-Walke Associates in the U.S.
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