Thinc Group Ltd v Armstrong & Anor [2012] EWCA Civ 1227

Posted In: Case Law
  • Legal Body
    England and Wales Court of Appeal (EWCA)
  • Type of Claim / Jurisdiction
Issues covered: Contract Law; Supplemental Payments and Recovery

Mr and Mrs Armstrong were both experienced financial advisors who were headhunted by Thinc Group Ltd. Thinc offered the Armstrong‟s a payment of £243,052.00. They were told this payment would only be available if they remained with the company for 3 years. The Armstrong‟s entered into 3 contracts with Thinc. There was 2 principal contracts which set out their individual employment and which enabled the Armstrong‟s to end their contract after giving 3 months notice without the need for cause. The supplementary contract dealt with the introductory payment and stated that the payment must be repaid immediately if any of the specified “repayment events” occurred

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This article is correct at 05/10/2012

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