ESOPs can be a case of damned if you do, damned if you don’t. Founders need an ESOP to build out and retain its team as the business grows. But dilution will often only affect the founders. That can feel like a turkey voting for Christmas. Ultimately, it is just another case of the classic founder balancing act. A smaller piece of the pie can be fine, so long as the size of the […]
Partner Kim Boreham and Solicitor Rowan Varty, both from our Band 1 Employmentpractice, were invited on 28 March by the Hong Kong Institute of Human Resource Management to host a seminar on restrictive covenants.
Close to 50 human resources professionals filled the room to hear Kim and Rowan speak about non-compete covenants, non-solicitation of clients covenants, non-dealing with clients covenants, non-solicitation/poaching of employees, and much more. The enforceability of these covenants was also discussed in the talk, along with […]
On February 8th, 2018, the Polish Ministry of Finance released the long-awaited first draft of the bill on employee capital plans (Ustawa o pracowniczych planach kapitałowych). It is one of the measures implementing the governmental Strategy for Responsible Development (also dubbed Morawiecki’s plan after the current Polish prime minister) and aims to increase the financial security of Polish citizens facing a decreasing value of pensions in the existing pension scheme. Another goal is to […]