The purchase may have been executed through his company which would address much if not all of the Conflicts you mention.
If it's a published autobiography, why don't you just name the person/people involved instead of engaging in such prevarication?I read in a prominent businessman's autobio that his father once pulled off quite a "property acquisition" coup.
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Opinions, anyone ?
If it's a published autobiography, why don't you just name the person/people involved instead of engaging in such prevarication?
Depends on the nature of their contractual relationship but, even then, a contact cannot abrogate certain rights, in particular constitutional rights. And, as far as I know, any individual is perfectly entitled to buy any property offered for sale. I can't really see what the issue is here or why you think that there may be one?This is the gist of it: does a factory manager have the right to buy the premises in which his employer's business operates or does this constitute a conflict of fidelity to his employer ?
Tell me where exactly I am wrong instead of engaging in ad-hominem attacks. If you can. I mean, the fact that you're asking about this issue obviously means that you haven't a clue yourself.I don't know your profession, Clubman.
But given your dismissal of any conflict here between someone acting solely in his employer's interest vs someone acting largely in his own interest, i.e. getting control of the business, then you hardly know much on employment law.
So you can't tell me where I'm wrong and yet you're trying to tell me I'm wrong. Right....Implied Terms - Irish Legal Guide
Overview of Implied Terms This article deals with some commonly found provisions which are implied in employment contracts at common law. The matters referred may be the subject of an express contractual condition, which may modify or alter the common law position. See the article on the...legalguide.ie
Right to buy property isn't the essential problem. It is the effect of being thereafter his employer's landlord as well as a senior employee.
i.e. getting control of the business,
How does he get control of the business?
The business owner's/tenant's rights are unchanged.
This all happened years ago. I would imagine that employment law was very different and the employer could probably have easily sacked his manager if he did not like it.
Brendan
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