The court battle between Richard Coulson and his former employers Zurich, is thought to have been settled out of court.
Coulson had been due at the High Court of Justice in London this month to dispute allegations that he was still in Zurich’s employment while promoting his network, Home of Choice.
However, an announcement is expected in the next couple of days saying that the case has been settled out of court.
Coulson decided to form his own network after declining a role in the Zurich Openwork set-up. Having previously been mortgage network director, Coulson turned down the position of area sales director for the North and says Zurich was heading in a direction he did not want to take.
Coulson argues that he was made redundant after his role ceased to exist and claims Zurich is trying to gag him to prevent the launch of his network.
More to follow.