Interpretation of non-compete covenant: meaning of "interested in" - Egon Zehnder Ltd v Tillman [CA] 21.07.17 (Unreported)
A non-compete covenant which provided that an employee should not be "interested in" any business carried on by a competitor had the effect of preventing an employee from becoming a shareholder in a competitor for a period of six months following their termination. That was impermissibly wide and in unreasonable restraint of trade.http://www.bailii.org/ew/cases/EWCA/Civ/2017/1054.html
Category: Employment » Contracts of employment; Restrictive covenants. Keyword(s): Severance. Area(s) of law: Employment; Litigation; Corporate and Commercial Law.
Source:  EWCA Civ 1054.