The contract dispute between the Grey agency in London and Carol
Reay is threatening to reach the courts after the issue of a writ by its
erstwhile deputy chairman.
Lawyers acting for Reay set the stage for a possible High Court action
at the end of last week with a writ claiming breach of contract.
The move follows Reay’s abrupt departure from the agency on 14
She claimed Grey had failed to honour its contractual obligation to make
her chairman at the beginning of the month.
Grey’s chief executive, Steve Blamer, this week hit back at Reay’s
’It didn’t need to be this way,’ he said. ’For some reason she has
chosen to play this out in the media rather than the High Court. You
have to ask yourself why.’
Reay declined to comment.