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Aspiring Lawyers - Interviews & Vacation Schemes
Interviews Discussion
case study help
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<blockquote data-quote="JKs" data-source="post: 59738" data-attributes="member: 1797"><p>Hi there!</p><p></p><p>My initial thoughts - I think it really depends on the bargaining power of the Buyer and if there is an actual threat of the employee leaving and setting up a competing business to the Target. I think it’s more common for the Buyer to include non-compete clauses in the SPA against the Seller. Whether the Buyer will be able to get the Seller to include a non-compete clause in the Target’s employees’ termination contract will probably depend on the Buyer’s bargaining strength.</p></blockquote><p></p>
[QUOTE="JKs, post: 59738, member: 1797"] Hi there! My initial thoughts - I think it really depends on the bargaining power of the Buyer and if there is an actual threat of the employee leaving and setting up a competing business to the Target. I think it’s more common for the Buyer to include non-compete clauses in the SPA against the Seller. Whether the Buyer will be able to get the Seller to include a non-compete clause in the Target’s employees’ termination contract will probably depend on the Buyer’s bargaining strength. [/QUOTE]
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