NZ Companies Settle Their Radio Dispute
"NZ Companies Settle Their Radio Dispute" is one of history’s strangest arm wrestling incidents. Taking a page out of Southwest Airlines’ book, two New Zealand companies had an issue that needed a resolution, but neither company really wanted to litigate. Consider that any lawsuit is going to cost everyone time and money and it’s really not appealing for a smaller company to even bother. Not if you can both agree on a better solution out of court.
Teamtalk Ltd and MCS Digital were at odds over a mobile radio network that both wanted access to. A $NZ200,000 dispute between two New Zealand companies has been resolved in an an unusual out-of-court settlement. Rather than waste any more time, the heads of each company settled into a best of three arm wrestling match. Teamtalk ended up on the losing end. "Sure, losing hurts but not nearly as much as paying lawyers' bills," defeated TeamTalk chief executive David Ware said.
Date: 2003