Bad behaviour costs dear
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Cantor Fitzgerald International v Bird [2002] IRLR 867 HC (3 other reports)
The manner in which managers at City brokers Cantor Fitzgerald tried to introduce new financial terms for two of its brokers ultimately invalidated vital restrictive covenants in their contracts. Chris Southam, a partner in Speechly Bircham's Employment Law Unit, urges firms to learn the lesson that macho management can have unforeseen consequences.