RM Sotheby’s has settled its dispute with a former company president who claimed the classic car auction house tried to crush his rival business despite waiving noncompete and nonsolicitation provisions when he left in 2021, according to a court filing in Delaware.
The two sides docketed a joint stipulation Monday dismissing the case from Delaware’s Chancery Court. The move resolved allegations that RM Sotheby’s engaged in a broad campaign aimed at confusing consumers about its relationship with Kenneth Ahn’s new company, Collectors Garage.
A representative for RM Sotheby’s called the lawsuit unsubstantiated at the time it was filed, and the ...
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