Settlement Agreement Lawyers & Solicitors – Redundancy

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Redundancy, Employment Law, Non-Compete, Non-Solicit, Compromise Agreement

December 17th, 2012 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Non Compete, Non Solicitation, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Restrictive Covenants, Termination of Employment, Your Compromise Agreement is a Binding Contract

Whether it would be permissible to start your own business in competition with a former employer following redundancy really depends on whether there are non-solicit or non-compete clauses in your employment contract. If you are in a type of business where you are likely to poach or deal with employees or clients of your former employer, you should be very careful. Otherwise you could breach your employment contract or compromise agreement (if such clauses were inserted).

Employees should take due care not to breach these provisions, which are typically limited to 2/3 months, before setting up in competition.

If you need legal advice on your redundancy, post-termination restrictions or advice on the terms of your compromise agreement, please contact us at or visit one of the following pages on employment law:

© RT COOPERS, 2012. This Briefing Note does not provide a comprehensive or complete statement of the law relating to the issues discussed nor does it constitute legal advice. It is intended only to highlight general issues. Specialist legal advice should always be sought in relation to particular circumstances.

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