Understand your contract of employment


In 2010, a young foreign exchange account executive and his employer were hauled in front of the High Court in London over their actions in the market. His former employer claimed he had breached a term of his contract preventing him from soliciting customers or potential customers for business for 12 months after leaving employment. Substantial damages were claimed, not only from the executive but also his new employer. As a result, the executive found himself in a situation that was potentiall

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