Lévy drawn into high court battle with Kitcatt Nohr

Maurice Lévy has been drawn into a high court battle between Publicis Groupe and the founders of Kitcatt Nohr Alexander Shaw.

KNAS founders Paul Kitcatt, Marc Nohr
KNAS founders Paul Kitcatt, Marc Nohr

The founders and management of KNAS are suing Publicis for up to £4.9m in an unpaid earn-out after Publicis’ 2011 deal to buy the agency and £3.6m in damages for breach of contract. Publicis is "vigorously" defending itself against the claims.

The case centres on reassurances Publicis executives gave KNAS’s management about the strength of Digitas’ relationship with Procter & Gamble, which accounted for 52.7% of its 2010 revenues, ahead of the deal and merger of the two agencies.

In court on Monday, the claimants’ barrister questioned Publicis’ decision not to call Lévy, outgoing chairman and chief executive of Publicis, as a witness. Andrew Sutcliffe QC said the "only appropriate inference to draw is that Mr Lévy’s evidence simply would not support the defendant’s case".

Jean-Michel Etienne, Publicis’ global chief financial officer and CFO at MMS UK, the division that bought KNAS in 2011, is giving evidence.

The case continues.

Topics

Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Share

1 Martin Freeman fronts Vodafone UK's first integrated ad campaign by Ogilvy

The Hobbit and Sherlock star Martin Freeman plays a rude wedding guest in Vodafone's first integrated ad campaign since the telecoms giant moved its UK ad business to Ogilvy & Mather earlier this year.

Case study: How 'This girl can' got 1.6 million women exercising
Shares0
Share

1 Case study: How 'This girl can' got 1.6 million women exercising

"This girl can" was based on a powerful insight: that the fear of judgement by others is the primary barrier holding women back from participating in sport.

Just published

More