Topic: Blog
Is Forfeiture of a Bonus for Resigning a Restraint of Trade?
January 26, 2013
Topics: Blog, Loyalty Incentives, Non-Compete Enforceability
Does the forfeiture of a bonus for leaving an employer constitute a restraint of trade? This question was recently put to the Ontario Supreme Court of Justice in Levinsky v. TD Bank, 2012 ONSC 5110. The Court’s ultimate response may encourage more employers to require forfeiture or repayment of bonuses to incent…
Read More
Failure to Meet Irreparable Harm Test Sinks Both a Non-Solicit and Non-Compete Clause
September 8, 2012
Topics: Blog, Injunctions, Insurance Brokers, Non-Solicit Enforceability, Restrictive Covenants
As predicted earlier in this space, the British Columbia Court of Appeal’s decision in Edward Jones v. Voldeng, 2012 BCCA 295, is making it very difficult to enforce a non-solicit agreement in B.C. on an interim basis pending trial. In Hub International v. Redcliffe, 2012 BCSC 1280, one of the first decisions to apply Edward Jones,…
Read More
BC Court of Appeal Raises Bar on Injunctions to Enforce Non-Solicit Clauses
August 17, 2012
Topics: Blog, Injunctions, Investment Advisors, Non-Solicit Enforceability, Restrictive Covenants
The British Columbia Court of Appeal has raised the bar considerably for employers hoping to obtain an injunction to enforce a non-solicit clause pending trial. In Edward Jones v. Voldeng, 2012 BCCA 295, released July 3, 2012, the court held that Edward Jones, a securities firm that sought to enforce a six-month…
Read More
SCC Will Not Have Opportunity to Resolve Questions Raised by Globex Decision
August 1, 2012
Topics: Blog, Consideration, Non-Compete Enforceability, Non-Solicit Enforceability, Restrictive Covenants
Word out of Alberta that the plaintiff company in Globex Foreign Exchange Corporation v. Kelcher, 2011 ABCA 240, will not be appealing the Alberta Court of Appeal decision to the Supreme Court of Canada. That’s too bad for those of us who had hoped for some clarification from the nation’s top…
Read More