Investigation and termination of employees due to policy breach. Estudio Olaechea advised Prosac—a Peruvian company that serves as a distributor for various industrial and office products—on the investigation and termination of two of its employees. The counterparties breached the client’s policies and code of ethics.
Dismissal procedure avoided due to employee resignation during negotiations: Our firm prepared the dismissal procedure and oversaw the negotiation with the employees, who decided to resign following our intervention. The termination of the employees did not involve any contingency for the client.
Crucial case involving confidential information handled by former employees: Our work in this matter was crucial for the client due to the sensitive nature of the confidential and reserved information handled by the employees, who used to have direct contact with key clients. Soon after the termination, the former employees incorporated a company to compete directly with our client.
Latest development: We successfully assisted the client with this matter.