Tavistock’s counterclaim against Titan Asset Management (Titan AM), alleging breach of confidence in respect of Titan AM’s development of its own model portfolio service (MPS), has been overturned by the Court of Appeal.
This latest judgment, handed down on 24 April, is part of the ongoing dispute between Titan AM and Tavistock focused on a ten-year strategic partnership agreement between the businesses which started in 2021. Titan has accused Tavistock of breaching a share purchase agreement and of conspiracy to injure Titan, including through allegedly poaching investors, claims which Tavistock has denied. Tavistock, in turn, claimed that it had uncovered multiple breaches by Titan of the strategic partnership agreement and earnout arrangements. Tavistock made an application to expand the scope o...
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