Radiant Gets Arbitrator Award Related to Buy of DBA Distribution
Domestic and international freight company Radiant Logistics said it was awarded more than $650,000 in damages from the former shareholders of DBA Distribution Services, which it bought in March 2011. An arbitrator said the DBA shareholders breached representations and warranties,…
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and awarded Radiant Logistics $654,052 for the breaches, Radiant said. The arbitrator also said Paul Pollara breached his noncompetition obligation to Radiant and enjoined Pollara from engaging in any activity in contravention of his obligations of noncompetition and nonsolicitation, including activities that relate to Santini Productions until Dec. 29, 2014. Pollara was ordered to pay Radiant more than $21,000, the amount of salary he received while employed by DBA and concurrently violating his noncompetition and nonsolicitation obligations, it said.