The first-instance ruling of the labor dispute between bitmainland and coinbank: the non-competition agreement is valid, and the three senior managers of coinbank shall pay about 2.1 million yuan in compensation and liquidated damages

On April 12, according to the Beijing court information network, the Beijing haidian district people's court of first instance ruled that currency printing human zhu Fa Pan Zhibiao, shareholders and the legal representative Li Tianzhao in mainland bits with Beijing science and technology co., LTD in the mainland (bits) labor dispute, that need to be signed with bit continent continue to perform the confidentiality and non-compete agreement, the supplementary agreement; Pan zhibiao, zhu fei and li tian-zhao returned to bitutian mainland within seven days after the ruling took effect the amount of non-competition compensation paid between September 2017 and January 2019 was 340,290.32 yuan, 248,850.1 yuan and 281,379.31 yuan, respectively900000 yuan; Within seven days after the judgment came into effect, the liquidated damages of 462,000 yuan, 352,008 yuan and 408,000 yuan in total were paid to Beijing bitmainland for violating competition restrictionsMore than 120 ten thousand yuan; Bitland's other claims were dismissed.

However, judging from the judgment, although the three are required to continue to perform the confidentiality and non-competition agreement and the supplementary agreement signed with bitmainland, it is clear that the agreement will end in August or September 2019, and the three are not affected after paying liquidated damages and compensation. In addition, the judgment said that "zhongben smart company" earned a fee of26.3 million yuan(RMB 26308,521.01). & have spent & have spent

Source: Beijing court trial information network

Bits in the middle of 2017 mainland former employees Pan Zhibiao, zhu Fa and Li Tianzhao three people left the mainland bits, left, they launched in November 2017 COINS, but they did not provide COINS mining services, until July 2018, currency printing began to offer currency pool services, namely dug up during the month the first currency block. & have spent

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The three co-founders of the Poolin pool are reportedly being sued by bit-continental for alleged breach of a competition restriction agreement and seeking $4.3m from one of them. However, the three cofounders said they were no longer subject to a non-compete clause and that the contract they had signed was invalid because bitmainland had not paid the agreed compensation.

According to the disclosed non-compete agreement, bitmainland is required to pay pan $2,780 a month in compensation after his departure, and for 24 consecutive months. In return, pan is not allowed to operate bitcoin pools.

According to Coindesk, pan, zhu and li preemptively sued bitland in hopes of being freed from competing terms. Bittorrent, meanwhile, countersued the trio, claiming that they had directly competed with bittorrent by operating cryptocurrency pools after leaving the company and caused significant losses. In addition to seeking compensation, bittorrent demanded that bittorrent executives resume non-compete agreements.

The original link: http://www.bjcourt.gov.cn/cpws/paperView.htm? Id = 100910019785

Relevant article: https://www.jinse.com/news/blockchain/390554.html#top 

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