Signing a New Contract Does Not Mean Restrictive Covenants Are Binding Absent Proper Consideration – Littleton Chambers

Posted December 11th, 2014 in contract of employment, contracts, employment, news, restrictive covenants by sally

‘Many large employers (particularly those who acquire other businesses over time) are faced with employees (often senior and important employees) on ‘old’ contracts with unenforceable, inappropriate or even no restrictive covenants. Quite aside from the potential difficulties posed by TUPE, remedying that problem often proves difficult in practice, and requires careful management.’

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Littleton Chambers, 8th December 2014