Examine her employment contract to see whether it contains any “restraint of trade clauses”. If it does, and you suspect that she might be in breach of it, you could seek an injunction and damages. Ask about the particulars of her new job and find out when she is planning to start,...
Inc. v. United States, 18 Cl. Ct. 1 (1989). In assessing whether the amount fixed as liquidated damages actually approximates anticipated losses, courts look to when the parties made the contract, not when the contract was
Besides, firms’ remuneration for employees is often associated with working time and employee contract type. As a result, workers who work part-time, without formal contracts, and irregular workers are generally not entitled to these benefits. Thus, an increase in irregular employment may lead to...
Under the terms of the CDS contract, the CDS seller will compensate the impacted firm if a party is determined to be in default. Thus, firms are not in a situation of credit risk, which assures a lower CCC of the firm. Firms with a low CCC convert sales into profits effectively, ...
That being said, the Guidelines admit that retrenchment is an employer’s right of prerogative but one that must be undertaken responsibly, in good faith and only as a last resort. E. Frustration A party to a contract is excused from having to do what he has promised to do for the other...
That being said, the Guidelines admit that retrenchment is an employer’s right of prerogative but one that must be undertaken responsibly, in good faith and only as a last resort. E. Frustration A party to a contract is excused from having to do what he has promised to do for the other...