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Adversarial Team Moves

Adversarial team moves have become a fact of life for many businesses. Losing an established, profitable team, will have significant financial and commercial implications. A recent example of this is the poaching of Tullett Prebon UK and US employees by BGC, which has had considerably impacted on Tullet Prebon’s latest financial results. Team moves give rise to numerous legal issues involving all parties - the business under attack, the organisation which seeks to poach its employees and the individuals themselves. Legal remedies can be obtained, provided everyone acts quickly and thoroughly.

In the attached link, Julie Quinn, Head of Employment at Nabarro, and Michal Stein, Nabarro’s Employment knowledge lawyer, discuss the law affecting team moves and the practical steps employers can take. The presentation comprises:

  • A summary of the law on restrictive covenants
  • Review of the Tullet Prebon team move litigation
  • Analysis of the legal steps and remedies available to deal with team move; and
  • A quick Q+A session on team moves.

If, having listened, you have any questions, please speak to Julie or your usual Nabarro contact.