SBS Settles its Tortious Interference Lawsuit

Spanish Broadcasting System announced that it had reached an agreement with Grupo Radio Centro (“Grupo”) to settle the parties’ long-standing lawsuit. SBS filed a multi-million dollar lawsuit in February of 2016 immediately after Grupo hired an on-air radio personality from SBS’s KLAX-FM in Los Angeles, alleging tortious interference and unfair competition.

The settlement, the terms of which cannot be disclosed as they are protected by a confidentiality provision, was reached in advance of the upcoming trial. The settlement resolves all pending legal proceedings between the parties.

“We are extremely pleased to have amicably resolved the matter,” stated SBS General Counsel Richard Lara. “As has always been its practice, SBS will not hesitate to take legal action when necessary to defend its contractual rights and business interests,” he added.

 

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