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In Benefits & Compensation

Countdown to GDPR… Are Your Equity Plans Ready?

by 3 Mins Read

(With special thanks to our Global Equity Services team and Lothar Determann for collaborating on this post.)

One month from today, on May 25, 2018, the European Union (EU) General Data Protection Regulation (GDPR) will go into effect. In light of this, we have been recommending companies review their data privacy policies and practices in the context of equity plan participation and update their share plan documents. In the final month, we want to highlight these items again and encourage you to make sure your company’s equity programs are ready for the GDPR.

In Germany

New Episode: Germany Employment Law Update

by 1 Min Read

Curious about recent employment law developments in Germany? Download our 15-minute podcast where Baker McKenzie partner Carole Spink introduces Steffen Scheuer from Munich to talk about what changed in 2017 and what we can expect for the year ahead. Key Takeaways: Restrictions to use of temporary workers Increasing measures to address gender gap issues Scrutiny by works councils on equity programs granted by US parent companies Download now on iTunes | Android | Stitcher |…

In Australia

Recent UK Decision Warrants Quick Review Of Company Non-Compete Restrictions

by 1 Min Read

A recent Court of Appeal decision in the UK (Tillman v Egon Zehnder Limited) found that a post-termination non-compete restriction was unreasonably wide (and therefore unenforceable) on the basis that there was no carve out for shareholdings in the typically broad restriction which provided that the employee could not “directly or indirectly engage or be concerned or interested in any business carried on in competition with” the employer. The Tillman court declined to sever (or…