Legal battle over poaching resolved by mutual agreement, say firms
Jardine Lloyd Thompson (JLT) has settled a bitter legal dispute with Aon over the defection of several senior aviation executives.
It is understood that the settlement, which has remained confidential, could cost JLT a hefty sum.
The row started when former Aon Ltd deputy chairman Jonathan Palmer-Brown quit to join JLT in July last year.
Since then, a number of other brokers within Aon’s aviation team have landed at JLT, including team leaders Bill Smith ,Steve Turner and client executive John Cruse.
A JLT spokesman confirmed that the matter has been "resolved by mutual agreement", but refused to comment on specific details of the settlement
Aon also refused to add any further comment.