A Delaware court just slapped a departing financial advisor with $765,103 in damages for poaching clients and misusing confidential company information. The March 10 ruling from the Delaware Court of ...
Susan Miele signed a restrictive covenant agreement when she joined Foundation Medicine (FMI) as an executive in 2017. The agreement included a non-solicitation clause barring her from recruiting FMI ...
Kansas has long been an enforcement-friendly state for restrictive covenants, and it just got friendlier. A new state law, which took effect July 1, provides clearer guidelines and stronger ...
On July 1, 2023, Minnesota became the fourth state to ban non-compete agreements. This past session, in S.F. 3852, the legislature sought to close a loophole it had identified in the 2023 ban: ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Competition among technology companies for highly skilled employees has been fierce over the past several years. Leading tech companies such as Facebook Inc., Twitter and LinkedIn Corp. have engaged ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
A North Carolina advisor is asking a federal court to break his non-solicitation bond with his former employer Edelman Financial Engines, calling it “overly broad” and “not reasonably tailored to ...
Non-Solicitation Agreement Lacking Temporal, Geographic Scope Is Unenforceable, Pa. Appeals Court Rules "I think it reflects the national trend of ensuring that those types of restrictive covenants ...