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

High court adds $107k to NZME's puzzle toy fine
Markets

High court adds $107k to NZME's puzzle toy fine

High court agrees original fine was "manifestly inadequate".

Staff reporters 01 Dec 2023
Consumer NZ takes Z Energy to court over 'misleading' climate action claims
Law & Regulation

Consumer NZ takes Z Energy to court over 'misleading' climate action claims

Z Energy's claims it is on track to reduce emissions 'don't stack up'.

Greg Hurrell 30 Nov 2023
We have to praise Serato like we should
Law & Regulation

We have to praise Serato like we should

Right about now, InMusic says it's time to stop the deal.

Paul McBeth 30 Nov 2023