A restrictive covenant is an agreement (usually a clause within a contract of employment) between an employer and an employee that restrains the employee from carrying out certain actions both during employment and in the event that the employment ceases.
The actions that covenants commonly seek to prevent a former employee from carrying out include: competing with the employer (a non-compete clause), taking the employer’s trade secrets and soliciting the employer’s clients and/or staff.
The US Federal Trade Commission has voted to adopt a ban on non-compete clauses that prevent workers from switching jobs within the same industry.
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The government’s determination to curtail the use of non-compete clauses in employment contracts has been met with concern by legal...
The government has confirmed it intends to crack down on and potentially ban the use of non-compete clauses in employment...
The government is looking to limit the use of non-compete clauses in an effort to stimulate a more entrepreneurial culture,...
Legal expert says BBC's new impartiality drive has lessons for businesses worried over brand damage from employees' posts.
With so many redundancies in the air, it's time for companies to reassess their attitudes towards restrictive covenants, argues Imogen Finnegan.
Social media has grown in use exponentially since Facebook was launched 16 years ago, and so has the risk to...
