In this section Maxwell Alves will report on recent employment law cases which are of substantial legal, commercial and practical importance.
Since the infamous credit crunch in 2007, the employment statistics in banking industry remain unsettled. Many disputes between employers and employees generated by the credit crunch have reached the courts / tribunals. These decided cases reveal a number of unique features that characterise the employment issues in banking like high salary with bonus, old boy culture, poaching of employees from rivals. We group these cases below and the court’s approach on various issues in this industry can be detected.
13 December 2012 – Imam-Sadeque –v – Bluebay Asset Management (Services) Ltd Duty of fidelity, breach of compromise agreement, bonus payment, work for competitor
23 March 2012 – Bank of Ireland (UK) v Syed Asalat Shabbir Jaffery Breach of fiduciary duty
30 March 2011 Société Générale (London Branch) v Raphael Geys Termination of employment contract, Payments in lieu of notice
March 2011 Attrill & others v Dresdner Kleinwort Ltd and Commerzbank AG Contractual claims for unpaid bonuses
22 February 2011 Tullett Prebon Plc & Others V BGC Brokers & Others Constructive dismissal and repudiatory breach
16 December 2010 Royal Bank of Scotland v Ashton Disability discrimination
April 2013 Dhunna v Creditsights Ltd Scope of English employment law in teh context of international companies
Employment disputes involve unfair treatment, equal opportunity and employee welfare