[Consultation] Regarding violation of employment restriction with executive officer’s consultation.
Article posted in 2022-03-21 16:59:22 | VEAT
Law firm Veat provided legal counsel regarding the consultation with an executive with a violation of executive prohibition of employment due to the request of bio venture company A.
Bio venture company A, which develops treatments etc., requested legal counsel regarding the matter of an executive currently employed who is holding a concurrent position with another company beyond the scope permitted by the company.
The executive in question requested additional payments and other compensation due to violations of the Labor Standards Act, such as failure to pay notice pay. However, Law firm Veat reviewed the contractual relationship between Veat and A, the provisions of the Commercial Code prohibiting parallel businesses, and offered assistance to ensure a smooth resolution by presenting a legitimate justification for rejecting the request and proposing reasonable negotiation points.
Accordingly, Law firm Veat provides legal counsel based on its experience in resolving various disputes related to executive prohibition of employment and parallel businesses, helping to prevent disputes in advance and facilitating amicable resolutions afterward. If you need legal counsel regarding executive prohibition of employment and parallel businesses, please contact Law firm Veat.
Thank you.
Law firm Veat.