In Air Products plc v Cockram, the Court of Appeal held that the employment tribunal was correct to find that a rule in a long-term incentive share plan that employees whose employment terminates before they are 55 forfeit all unvested awards under the plan is justified.
Chris McAvoy, Sarah Wade, David Rintoul, Helen Corbett and Kristin Aarvik are associate solicitors at Addleshaw Goddard LLP. They round up the latest rulings.
There was no transfer to which the Transfer of Undertakings Regulations applied when an industrial and provident society took over the management of local authority care homes by, in effect, acquiring the shares of the company that ran the homes and employed the staff who worked in them, holds the EAT in Brookes and others v Borough Care Services and CLS Care Services Ltd.
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Employment law cases: HR and legal information and guidance relating to share schemes.