Could MTN’s Legal Battle Set New Standards for Contracts?

Question 1

What was the main issue in the dispute between MTN and Theodore Ikpa?

Accepted Answer

Restrictive employment contract clause

Answer

Salary disputes

Answer

Unpaid bonuses

Answer

Improper termination

Question 2

How long did the restrictive clause prevent Ikpa from working with competitors?

Accepted Answer

48 months

Answer

12 months

Answer

24 months

Answer

36 months

Question 3

Why did the Court of Appeal not uphold MTNu2019s appeal?

Accepted Answer

MTN had no defensible interest

Answer

Ikpa proved financial loss

Answer

MTN provided false evidence

Answer

Ikpa was a senior executive

Question 4

What compensation was awarded to Ikpa by the court?

Accepted Answer

₦5.1 million

Answer

₦10 million

Answer

₦2 million

Answer

₦8 million

Question 5

What important factors must be satisfied for restraint of trade to be enforced, as noted by the Court?

Accepted Answer

Legitimate interest, reasonable restriction, public harm avoidance

Answer

Employee's age and company size

Answer

Competitor's market share, employability, salary compensation

Answer

Company profitability, job retention, brand reputation