NSW COURT OF APPEAL REFUSES EMPLOYEE LEAVE TO APPEAL RESTRAINT

Author: Valentina Misevska

Publish Date: December 15, 2006

In June 2006 we reported on the NSW Supreme Court case of Koops Martin v Dean Reeves [2006] NSWSC 449 where the Court made certain orders upholding restraints against a former employed financial planner.

The employee concerned, Mr Reeves, was recently refused leave to appeal the orders referred to in the above case. To view the original news alert click here.

This decision again recognises the opportunities that exist for employers to protect their customer relationships by appropriately drafted restraint clauses in employment contracts. This is particularly important for employers of persons such as financial planners who often have very regular contact with clients and accordingly tend to form close relationships with them.

For further information please contact Valentina Misevska on 49076316

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