Supreme Court backs Christine Thompson in $8M Nutra-Life restraint of trade clause

Thu, 12 Mar 2015

By Paul McBeth March 13 (BusinessDesk) - The Supreme Court has ruled an $8 million restraint of trade clause on Michael Thompson attached to the $80.3 million sale of Nutra-Life Health & Fitness in 2006 was relationship property, and his ex-wife Christine Thompson should be entitled to a share of it. In a judgment released today, Chief Justice Sian Elias and Justices William Young, Susan Glazebrook, Terence Arnold and Mark O'Regan unanimously ruled in favour of Christine Thompson, setting aside decisions in lower courts that the $8 millio...

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