Two N.C. Furniture Stores Ordered to Mediation

December 3, 2011  by in UnCategorized   

By Aggregated Content in Furniture Retailing on December 4, 2011 from http://c.moreover.com/click/here.pl?z5561803353&z=1250249032 A lawsuit between Daves Discount Furniture and Todds Affordable Furniture over an alleged breach of contract between the stores owners was ordered into mediation. Daves Discount Furniture Warehouse Inc., of which Dave Morton is president, sued Todd Vincent, owner of Todds Affordable Furniture, for breach of contract in August. The complaint alleged that Vincent violated a non-compete contract signed when Vincents assets in Daves Discount Furniture were purchased for $250,000. The contract stipulated that Vincent couldnt operate a furniture store or advertise a furniture store within a 5-mile radius of Daves Furnitures former location, 2137 North Church St.,

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