Restraint of trade law changes an overreach, says expert

Restraint of trade law changes an overreach, says expert
Parliament is to debate the rights and the wrongs of restraint of trade clauses. (Image: Depositphotos)
Ian Llewellyn
A proposed law restricting restraint of trade clauses in employment contracts goes too far and is probably unnecessary, according to employment lawyer Sherridan Cook.The Buddle Findlay partner said the law change was a blunt instrument and “unduly restrictive”.The Employment Relations (Restraint of Trade) Amendment Bill was drawn from the members’ ballot last week. It is sponsored by Labour MP Helen White, which means it has the support of the Labour caucus and has the numbers to pass into law.The bill will prohibit the use of...

More Law & Regulation

DeVere censured by FMA for failing to meet obligations
Law & Regulation

DeVere censured by FMA for failing to meet obligations

The FMA has censured deVere for failing to comply with obligation under its FAP licence.

Tom Raynel 03 Jul 2024
Foodstuffs alleges defamation over merger opinion piece
Retail

Foodstuffs alleges defamation over merger opinion piece

Chapman Tripp lawyers sent letters to the University of Auckland and Stuff.

Gregor Thompson 03 Jul 2024
Country Road loses court battle over duties
Retail

Country Road loses court battle over duties

Country Road has been ordered to retroactively pay $2.5 million in duties and GST.

Gregor Thompson 03 Jul 2024
Cleaning company escapes much bigger fine for cartel conduct
Law & Regulation

Cleaning company escapes much bigger fine for cartel conduct

The High Court fined Canterbury Industrial Scrubbing $51,000.

Staff reporters 02 Jul 2024