Sufficient Consideration in UK Law
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Consideration for Covenants
The recent UK High Court decision in Re-use Collections Limited v Sendall & May Glass Recycling Ltd, highlights to employers that new restrictive covenants will not be enforceable against employees.........For the employee just to continue working will not be sufficient for the individual to be bound by the new covenants. . Introduction. . Employers are well advised regularly to review the restrictive covenants ......
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How Do You Make Your Restrictive Covenants Work For You?
......Including as to. whether or not there was sufficient consideration to make the. covenants legally binding. The good news is ......
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Post Termination Restrictions: Always Consider Consideration
...... When a new joiner is offered a contract of employment that contains post-termination restrictions, the job offer in itself is sufficient consideration to ensure the restrictions are binding (in theory at least; note this doesn't guarantee enforceability). But what about existing ......
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Intention To Create Legal Relations
...... Consideration: The term sheet made no reference to consideration and this was presented ... practical benefit of value and that this constituted good and sufficient consideration to make the promises contained in the term sheet ......
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MWB Business Exchange Centres Ltd v Rock Advertising Ltd (2016)
...... The oral agreement was supported by consideration. After the appellant, Rock Advertising Ltd (a marketing services ... further payments conferred a benefit on MWB which constituted sufficient consideration to support the oral variation agreement. The oral ......
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Restrictive Covenants In Employment Contracts
...... trends in the court's approach and other factors taken into consideration. The restrictive covenant must be drafted specifically to protect the ... . . is there sufficient consideration to support the remaining clause?. . . is the ......
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Inconsiderate Variation
...... Recycling Limited, the court was asked to consider if valid consideration had been given to support a new restrictive covenant introduced during the ... An increase in salary would be sufficient consideration, but if this is used to support the introduction of new ......
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Inheritance Tax Planning And Lasting Powers Of Attorney
...... court considered that affordability was a "necessary but not sufficient" consideration. The proposed gifts were easily afforded by JMA; if she ......
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Crown Preference Returns?
...... difficulties." However, in our view, it does not appear that sufficient consideration has been given to the squeeze on floating charge related ......
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WP29 Issues Data Protection Impact Assessment Guidelines
...... operations that present similar high risks, so long as sufficient consideration is given to the nature, scope, context and purpose of the ......
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