What if you decide to move jobs and then change your mind? Take a look at the Tullett Prebon case in the UK, which shows that changing your mind can prove expensive – very expensive.
The 2008 case involved a trader who was taken to court by his future employer for breach of his employment contract which contained a "no show" clause.
As he decided not to show, he ended up three quarters of a million pounds to the bad. An interesting take on the more aggressive attitude that companies have had in enforcing non compete clauses in recent times. One wonders what the implications are for shipping firms with high value individuals who have a strong portfolio of client.
