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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, taking the employer's trade secrets and soliciting the employer's clients and/or staff.
19 Oct 2009
Hollywood bosses are inserting clauses into actors’ contracts to stop them leaking film information on social networking sites such as...
17 Sep 2009
A European Court of Justice ruling about a Finnish collective redundancy case could affect UK employers' decisions on when to start collective consultation about redundancies.
10 Mar 2009
Two inventors shared compensation of £1.5m after a recent High Court ruling recognised their roles in inventing a patented health...
15 Sep 2008
Michael Farrelly looks at the perils of using off-the-record discussions between employer and employee in disputes.Conciliatory correspondence can often create...
26 Aug 2008
Swiss investment bank UBS recently grabbed some headlines with the interim injunction that it won against competing start-up wealth manager,...
5 Jun 2008
Collidge v Freeport plcFACTS Mr Collidge was the chief executive and a director of Freeport. In early 2006, allegations of financial...
8 Oct 2007
A recent survey of City solicitors in Legal Week revealed that 46% of the partners surveyed said that post-termination covenants...
Dressing down for rebel who took JobCentre Plus to tribunal after refusing to wear shirt and tie to work as stipulated in dress code
7 Jun 2006
Loud dresser pays price for defying company dress code.
Lawyer suggests Crystal Palace may have ‘shot itself in the foot’ over contract after chairman of football club sues former manager
1 Jun 2006
Crystal Palace football club could be fall guys in manager-go-round saga.
3 Nov 2005
There will be increasing numbers of disputes over City contracts following the annual bonuses, lawyers predict.
22 Jun 2004
It pays to know the difference between data protection and the protection of data.