Commerzbank AG v Keen [2007] IRLR 132 CA

Reports relating to this case:

  • Discretionary bonuses: Employer properly exercised discretion in making bonus payments

    Date:
    17 April 2007

    In Commerzbank AG v Keen [2007] IRLR 132 CA the Court of Appeal held that an employer did not act in breach of the implied terms of a contract of employment in awarding to a highly paid employee lower bonuses than those recommended by his manager. Further, the terms of employment contracts are not covered by the provisions of the Unfair Contract Terms Act 1977.

  • Commerzbank AG v Keen

    Date:
    22 November 2006

    In Commerzbank AG v Keen [2007] IRLR 132 CA, the Court of Appeal has held that, in order to show that an employer has breached a discretionary bonus term, the employee must demonstrate that the employer exercised its discretion irrationally or perversely.