From advising employees on redundancies, it appears that they are still coming to terms with the fact that they have to give warranties and what such warranties, including post-termination restrictions, mean practically. It is also sometimes difficult for employees to understand that settlement agreements are in full and final settlement with no admission of liability […]
Entries from January 21st, 2014
Implications of signing a settlement agreement, Full and final settlement
January 21st, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Redundancy, Redundancy law, Redundancy Pay, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Your Compromise Agreement is a Binding Contract
Tags: Compromise Agreement·Full and Final Settlement·Post Termination Restrictions after Signing a Compromise Agreement·Settlement Agreement·Warranties
Signing Settlement Agreement/Compromise Agreement, Delayed Termination Date
January 16th, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Settlement Agreement, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Further to our post below, in some cases employers seek to be generous to employees who are being made redundant by allowing them extra time within which to find a new position. Depending on the circumstances, the employees may receive redundancy pay at that stage or at the final termination date. In such cases, the employees would sign a settlement agreement/compromise […]
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Signing more than one settlement agreement/compromise agreement
January 14th, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
If you are being made redundant, it might be that your termination date is not for some time, e.g. 3-6 months. In such cases it is not uncommon for you to have to sign two settlement agreements. The second settlement agreement would be on the same terms as the first and would be signed just […]
Tags: Adviser's Certificate in Your Compromise Agreement·Compromise Agreement·Settlement Agreement