Non-compete clause not 'fair': Court dismisses injunctions against ex-MoneySmart employee who joined rival
In 2022, it launched insurance brand Bubblegum, and hired Mr Musienko to be head of technology in July that year. These included directly or indirectly engaging with any business in Singapore and Hong Kong that provides online financial product comparison services. The company contended that it had built up Mr Musienko's expertise in the fintech field through training, saying he had no prior experience in the fintech industry.
He argued that the non-compete clause was"plainly unreasonable" as it prohibited his participation in online financial product comparison services. That's even though he was not employed in that aspect of the business, and that he was only involved with Bubblegum. Justice Tan said he was unable to accept that MoneySmart had offered training in the “specialised field” of the digital insurance industry to shore up Mr Musienko's expertise to the extent that it can be said to have invested much time and resources in his training.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore condemns Moscow concert hall attack, urges citizens to defer non-essential travel to RussiaMore than 60 people were killed when gunmen opened fire at Crocus City Hall in the Moscow region.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Singapore Discovery Centre becomes first energy-positive museum in SingaporeThe Singapore Discovery Centre is the first museum in Singapore to generate more electricity than it consumes. The decades-old attraction became energy-positive after generating about 30 per cent more energy on average than it needed from October to February.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Report shows gov’t is still number 1 trusted institution in Singapore —Singapore Newsin contrast to Singapore’s results, government is distrusted in 17 out of the 28 countries surveyed, including the United States
Source: IndependentSG - 🏆 9. / 63 Read more »
Dr Eugene Tan to be new CEO of National Gallery Singapore and Singapore Art MuseumDr Eugene Tan will take on the role of chief executive of the National Gallery Singapore and Singapore Art Museum from April 1. He will also take Ms Chong’s other portfolio as head of the Visual Arts Cluster, which comprises the two museums and STPI – Creative Workshop & Gallery.
Source: STForeignDesk - 🏆 4. / 71 Read more »
American judge to join Singapore International Commercial Court in AprilJustice David Wolfe Rivkin has over 40 years of experience in private and public international law.
Source: straits_times - 🏆 5. / 69 Read more »
English Premier League obtains Singapore court order forcing ISPs to block 25 illegal streaming websitesSINGAPORE — The English Premier League has obtained an order from Singapore's High Court to force internet service providers (ISPs) to block access to 25 websites that illegally stream football matches.
Source: TODAYonline - 🏆 1. / 99 Read more »