Settlement Agreement Lawyers & Solicitors – Redundancy

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Entries from July 30th, 2009

Derogatory Comments – Compromise Agreement

July 30th, 2009 · No Comments · About Compromise Agreement Blog, Compromise Agreements, Derogatory Comments

One of the provisions in a compromise agreement that sometimes causes a lot of negotiations is the following:- The Employer agrees that, subject to its legal or regulatory obligations to third parties, it shall not make or publish any derogatory or disparaging statement concerning the Employee or do anything which is intended to or which […]

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Tax Indeminty

July 17th, 2009 · 38 Comments · Basic Rate of Tax, Compromise Agreements, National Insurance Contributions, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract

Each compromise agreement has a tax indemnity.  It usually causes a lot of discussions when we are advising Employees. It is a safe guard for the Employer in case the Employer has to make a payment to the Inland Revenue in respect of pyaments made to an Employee under a compromise agreement.  A typical tax […]

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Adviser’s Certificate

July 16th, 2009 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract

The independent legal advise prov iding legal advice on your compromise agreement has to sign what is called an adviser’s certificate.  An adviser’s certificate should include the following:- ‘I, [Name of Solicitor] am a relevant independent adviser within the meaning of s 203 of the Employment Rights Act 1996. I confirm that: I am a […]

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Adviser’s Certificate

July 15th, 2009 · No Comments · Adviser's Certificate in Your Compromise Agreement, Compromise Agreements

The independent legal advise prov iding legal advice on your compromise agreement has to sign what is called an adviser’s certificate.  It states that:- ‘I, [Name of Solicitor] am a relevant independent adviser within the meaning of s 203 of the Employment Rights Act 1996. I confirm that: (a) I am a relevant independent adviser […]

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Warranties in Compromise Agreements Cont’d

July 10th, 2009 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Warranties, Your Compromise Agreement is a Binding Contract

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Warranties in Compromise Agreements Cont’d

July 1st, 2009 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Dismissal Before the Termination Date, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Pension Rights, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Termination of Employment, Warranties, Your Compromise Agreement is a Binding Contract

We are continuing with our discussion on warranties in compromise agreements. Our previous entries explain a number of warranties that you will have to give to your employer. One of the key warranties is that: 1. You have received independent legal advice on all and any claims that you might be able to bring against […]

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