Restrictive Covenants Vs. Garden Leaves

Law360, New York (July 1, 2009, 12:00 AM EDT) -- Imagine an employment contract in which an employer guarantees paid leave from work so long as the employee promises to give a certain amount of notice before resigning.

To some, that idea might seem like it is too good to be true. It certainly does not seem like the kind that would originate among employers looking for new ways to protect their business interests.

However, it is this very idea — employer enforced “garden leaves” — that has become a firmly entrenched practice in England and...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.