Melbourne real estate agent Spiro Kardamitsis has successfully defended himself against Nelson Alexander at the Victorian Supreme Court, after the agency sued him over restraint of trade clauses.
Kardamitsis, who left Nelson Alexander’s Pascoe Vale office in December 2023 citing a “bullying” environment, joined Jellis Craig in January 2024 on a $100,000 salary.
Justice Andrew Watson ruled that Kardamitsis had not breached the restraint clause, noting he was not an equity holder in his new role and that Nelson Alexander suffered “no actual loss.”
The judge also criticised the agency’s broad contractual restrictions, which attempted to prevent Kardamitsis from working within 15–25 km of the Pascoe Vale office for up to five years.
“A 25 kilometre restraint… covers a very significant portion of metropolitan Melbourne,” Watson said.
Justice Watson added that even if a breach had occurred, the claims would have warranted only nominal damages and questioned the legitimacy of the lawsuit. A hearing on court costs will follow.
Source: Herald Sun.
