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 ...
Over the weekend, reports surfaced that clauses inserted into a contract offer by Texas Tech to head coach Mike Leach were at the root of the negotiations coming to a halt.This afternoon, Leach put a ...
The enforceability of restrictive covenants in the United States is currently governed by state law, although that may change if federal rules or legislation are enacted to address such covenants.
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 ...
As former OpenAI employees speak out, leaked documents reveal that senior executives reportedly signed off on restrictive non-disparagement agreements. Reading time 2 minutes Last week, Sam Altman ...
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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