Reasonable restrictive covenants deemed enforceable
In Croesus Financial Services v Bradshaw Restrictive, the High Court held that covenants prohibiting an ex-employee from soliciting or dealing with his former employer’s customers for a year post-termination were not an unreasonable restraint of trade. On the facts, the Court was satisfied that the 12-month non-solicitation and non-dealing covenants did not extend any further than was reasonably necessary in order to protect the employer’s business. The Defendants argued that the restrictions were excessive and therefore unenforceable because they applied
3rd December 2013
