An order has been issued in the Competition Appeal Tribunal relating to Agents’ Mutual v Moginie James, the Cardiff-based independent estate agent.
The order, made on January 6, was on the application of the parties.
It says that by consent it is ordered that:
“1. Pursuant to rule 44 of the Competition Appeal Tribunal Rules 2015, the claims between the claimant and the defendant Moginie James Limited before the Competition Appeal Tribunal be withdrawn.
“2. There be no order for the costs of these proceedings as between the Claimant and the Defendant Moginie James Limited.”
The order was issued by Marcus Smith QC, chairman of the Competition Appeal Tribunal.
The Competition Appeal Tribunal case between Agents’ Mutual and another agent, Gascoigne Halman, which is owned by Connells, is set to continue, with the hearing due next month.
Remaining proceedings between Agents’ Mutual and Moginie James, as well as Gascoigne Halman, are also set to continue in the Chancery Division.
Yesterday evening, a spokesperson for Agents’ Mutual said: “We have nothing to add to the order registered by the Chairman of the Competition Appeal Tribunal on 6 January 2017.
“This order relates to the competition issues of the case.
“With regard to the remaining proceedings between Agents’ Mutual Limited and Moginie James Limited under the jurisdiction of the Chancery Division, we have no statement to make at this point.”
Both Moginie James and Gascoigne Halman continue to list with the Agents’ Mutual portal, OnTheMarket.