Clark v Nomura International Plc

JurisdictionEngland & Wales
Date2000
CourtQueen's Bench Division
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118 cases
  • Lehman Brothers Special Financing Inc. v (1) National Power Corporation
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 12 March 2018
    ...the determination did not; these include Lehman Brothers Finance SA v SAL Oppenheim Jr & Cie, KGAA [2014] EWHC 2627 (Comm) and Clark v Nomura International [2000] IRLR 766. The case of manifest numerical or mathematical error would still be a case for correction of the determination (by a......
  • Dr Mahein Hussain v Surrey and Sussex Healthcare Nhs Trust
    • United Kingdom
    • Queen's Bench Division
    • 5 July 2011
    ...approach is adopted when a power of this kind (or a discretion in a loose sense) is conferred by a contract of employment: see Clark v Nomura International plc, [2000] IRLR 766 at para 40 per Burton J, in a case concerned with an "individual performance" based bonus, and Mallone v BPB Indu......
  • John Eric Daniels v Lloyds Bank Plc
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 27 March 2018
    ...are effectively where the discretion is exercised in a manner which is arbitrary, capricious or otherwise irrational. So in Clark v Nomura International plc [2000] IRLR 766 at paragraphs 40–41 a proprietary trader was awarded a nil bonus even though he had generated substantial profits for ......
  • IBM United Kingdom Holdings Ltd and Another v Dalgleish and Others
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 3 August 2017
    ...discretions. Relevant employment cases included, in particular, some concerning the grant of discretionary bonuses, including Clark v Nomura International plc [2000] IRLR 402, Horkulak v Cantor Fitzgerald International [2004] EWCA Civ 1287, [2005] ICR 402, and Keen v Commerzbank [2006] EWC......
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1 firm's commentaries
  • Employment Matters - Easter 2012
    • Ireland
    • Mondaq Ireland
    • 23 April 2012
    ...was fair and reasonable to replace its deferred stock scheme with a deferred cash scheme. The Court adopted the test in Clark v Nomura [2000] IRLR 766 (CA), the plaintiff must prove that "no reasonable employer" would have exercised its discretion in that Disciplinary Proceedings and Public......
5 books & journal articles
  • Employers' Liability at Common Law: Two Competing Paradigms
    • United Kingdom
    • Edinburgh Law Review No. , May 2008
    • 1 May 2008
    ...IRLR 299 (sexual harassment). the exercise of discretions in relation to employee remuneration,1212Clark v Nomura International plc [2000] IRLR 766; Horkulak v Cantor Fitzgerald International [2004] IRLR 942; Taylor v Motability Finance Ltd [2004] All ER (D) 341 (payment of bonuses); Clark ......
  • DEALING WITH EMPLOYEE CRIMES
    • Singapore
    • Singapore Academy of Law Journal No. 2009, December 2009
    • 1 December 2009
    ...Law in Singapore (LexisNexis, 2nd Ed) at p 201. 66 As to what amounts to bad faith, see, for instance, Clark v Nomura International plc[2000] IRLR 766 and Commerzbank AG v Keen[2007] IRLR 132. 67 See Employment Law in Singapore (LexisNexis, 2nd Ed) at p 233. 68 Act 32/2008. 69 See, for inst......
  • BONUSES (AND OTHER PAYMENTS) IN EMPLOYMENT
    • Singapore
    • Singapore Academy of Law Journal No. 2012, December 2012
    • 1 December 2012
    ...Chemical Corp Pte Ltd [2011] SGHC 166 at [22]. 5 Chew Nam Fong Ronny v Continental Chemical Corp Pte Ltd [2011] SGHC 166 at [35]. 6[2000] IRLR 766. 7Kharti v Cooperative Centrale Raiffeisen-Boerenleenbank BA[2010] IRLR 715 at [25]. 8 See, for instance, Lim Suat Hua v Singapore Health Partne......
  • Contractual rights and remedies for dismissed employees after the 'employment revolution'.
    • Australia
    • Melbourne University Law Review Vol. 36 No. 1, April 2012
    • 1 April 2012
    ...J) (emphasis added). In Australia, the employee cannot recover for discretionary benefits. But see Clark v Nomura International plc [2000] IRLR 766. (61) [2010] SASC 272 (2 September 2010) (62) Aldersea v Public Transport Co (2001) 3 VR 499, 511 [66] (Ashley J). (63) Russell (Appeal) (2008)......
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