The brokerage wars just reached the corner office. Compass and ERA Real Estate sued former ERA president Alex Vidal on Oct. 19 in Delaware's Court of Chancery, alleging his move to run RE/MAX breaks noncompete and other restrictive covenant agreements, according to Inman. The suit asks the court to block Vidal from serving as RE/MAX president and seeks a permanent injunction, damages and attorneys' fees. The timeline is tight. Vidal resigned from ERA on Aug. 21 after more than three…
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Compass Wants RE/MAX’s New President Off the Job. The Noncompete Fight Just Moved to Delaware.
Compass and ERA seek to block Alex Vidal from leading RE/MAX in a Delaware noncompete case. What the unresolved dispute means for brokerage executives.
