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Posted by Tom Llewellyn, Partner
Restrictive covenants are an essential tool for retaining goodwill and value in any business that you are looking to acquire. This is particularly so where the seller is intrinsically linked to the business or has the skillset to immediately compete with the target business, and could therefore quickly diminish its value.
Posted by Tom Llewellyn, Partner
From the deliberate poaching of staff, through to people leaving to set up a competitor – for many Financial Service firms leavers present the biggest security risk.
Posted by Tom Llewellyn, Partner
Businesses face difficult decisions over the coming months as furlough comes to an end and the reality of the new order starts to become clear. For businesses this might involve redundancies or employees moving on as the job market reopens. Either way, there is likely to be movement within the jobs market. Employers therefore need to be aware of the increased risks that leavers pose in terms of confidential information and intellectual property whilst employees continue to work from home.
Posted by Tom Llewellyn, Partner
Following a survey of 2,500 senior executives from across Britain, Spain, Italy and France, the Times has recently reported that one in four company directors has been subjected to at least one legal action from an employee, shareholder or regulator.