Labor/Employment
Oct. 15, 1999
Moving West
Moving West Out-of-State Noncompete Clauses Probably Unenforceable By Ricki J. Shoss Imagine an owner of a company headquartered in New York receives $50 million from an investor to finance new business operations, contingent on the employment of a particular employee. To prevent the new employee from working for a competitor, the owner pays him $1 million a year and makes sure to enter into an employment agreement with him that contains an express covenant not to compete, which prohibits him
Out-of-State Noncompete Clauses Probably Unenforceable
By Ricki J. Shoss
Imagine an owner of a company...
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