10 June 2016

Franchise: Mike Pero (NZ) v. Krishna

Personal listings on LinkedIn and on webpages listing business directories do not amount to “soliciting” in breach of a restraint of trade the High Court ruled refusing Mike Pero (NZ)’s application for the arrest of a former Auckland franchisee.
Mortgage broker Mortgage Suite Ltd, owned by Krish Krishna and Veena Rohini Krishna, surrendered its Mike Pero franchise in June 2015.  A restraint of trade clause in the franchise agreement barred Mr Krishna from acting as a mortgage broker anywhere for the next six months and then later from setting up a rival business within Auckland.
The High Court was told Mr Krishna had planned to set up as a mortgage broker as soon as the Mike Pero franchise ended.  Mr Krishna said he had initial legal advice that the restraint of trade could not be enforced.  Mike Pero (NZ) acted swiftly getting a High Court injunction ordering Mr Krishna comply with the restraint of trade.  This injunction was obtained without notice; Mr Krishna got no notice of the court hearing.
Within months Mike Pero (NZ) was back in court demanding Mr Krishna’s arrest saying he had breached the court injunction by listing personal details on LinkedIn and on the Professional Advisers Association’s website.  This amounted to “soliciting” for business, in breach of the restraint of trade, it said.   
Justice Faire ruled internet listings do not amount to soliciting for business.  With both listings, access to Mr Krishna’s details required an active name search from a compendium of names on the sites.  A listing did not amount to soliciting by Mr Krishna.  His listed personal details and business history indicated an interest in a potential business relationship but did not amount to a direct or indirect attempt to solicit business from Mike Pero (NZ)’s client base.
Justice Faire also ruled Mike Pero (NZ)’s without-notice injunction was too wide.  It purported to block Mr Krishna from acting as a mortgage broker anywhere forever.  The injunction can be enforced only to the specific limits of the franchise restraint of trade, he ruled. 
Mike Pero (NZ) Ltd v. Krishna – High Court (10.06.16)

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