Topic: Non-Compete Enforceability
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…
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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…
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