Wedlake Bell‘s attempts to disrupt Cobbetts’ London office launch have failed after the firms’ gardening leave dispute was settled out of court.
Last month (30 April) The Lawyer reported on Wedlake’s move to injunct former corporate partners Simon Jones and Stuart Robinson after they left to set up Cobbetts’ first London office.
Wedlake insisted that both parties had breached gardening leave conditions stipulated in their contracts.
The High Court hearing has now agreed terms to settle the dispute. Cobbetts has confirmed that the lease for the new office has been signed and it will open as scheduled in the summer.
After years insisting that the firm could be successful nationally without a London office, Cobbetts has changed focus and will provide a London corporate finance practice.
The terms of the settlement are confidential, but sources at Wedlake and Cobbetts said both parties are satisfied with the outcome and that no further action will be taken.