John Lloyd & Co., Inc. v. Stringer

This is an appeal from the Jefferson County Circuit Court's grant of a preliminary injunction in favor of Arthur Stringer and against John Lloyd and Company, Inc., and its two stockholders, John Lloyd and Alan J. Murray.

The case arose out of the following facts:

John Lloyd Company, Inc. (Lloyd Co.) is a corporation engaged in the insurance business as an excess and surplus lines broker. The corporation does business in foreign markets, primarily London, England, insuring difficult or unusual risks referred to it by various agents. Arthur J. Stringer left England to join Lloyd Co. in Mountain…