Imagine paying millions to acquire a company only to later discover the restrictive covenants in the employment agreements of high-level executives were unenforceable. That’s precisely what happened ...
Employers seek reliable means for keeping their former key employees from interfering with their customer relationships. Restrictive covenants have long played a role in employment law to achieve that ...
In July 2021, President Biden signed an Executive Order directed at promoting competition in the U.S. economy. As part of that overarching goal, the Biden Administration tasked the Federal Trade ...
Late last year two rival appliance companies, Whirlpool and Electrolux, battled it out in the courts over a district sales manager who was enticed to jump between the companies. The sales manager had ...
It is not unusual for employment contracts to have a noncompete clause. A noncompete clause is a restrictive clause designed to protect employers from having employees take business away when they ...
"Although restrictive covenants remain enforceable in New Jersey, there are significant legislative and judicial headwinds against their enforcement," writes Scott I. Unger of Stark & Stark. Employers ...
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