Towry EJ Ltd v Bennett & Ors [2012] EWHC 224

Posted In: Case Law
  • Legal Body
    England and Wales High Court (EWHC)
  • Type of Claim / Jurisdiction
Issues covered: Contracts of Employment; restrictive covenants

This case involved seven ex-employees in the financial services sector working as investment advisors. Following a company takeover, the seven defendants left Towry and joined Raymond James Investment Services Ltd, the eighth defendant. Subsequent to that, several customers, associated with the individual defendants, asked to transfer their accounts to Raymond James. Towry sued, claiming breaches of post termination nonsolicitation clauses and unlawful inducement by Raymond James and its new ex-Towry employees. In this exhaustive judgment (900+ paragraphs) Cox J reviews among other things, the circumstances of the acquisition, the

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This article is correct at 17/02/2012

The information in this article is provided as part of Legal-Island's Employment Law Hub. We regret we are not able to respond to requests for specific legal or HR queries and recommend that professional advice is obtained before relying on information supplied anywhere within this article.