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 ...
On January 5, 2023, Federal Trade Commission (FTC) Chair Lina Khan announced a proposed federal regulation that, if enacted, would invalidate non-competes and similar restrictive covenants that are ...
On Jan 31, the Singapore High Court dismissed a lawsuit by Shopee in which the e-commerce giant attempted to enforce a non-compete clause against an ex-senior employee who now works for competitor ...
"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 ...
Non-compete clauses in employment agreements typically prevent former employees from working for a competitor of the former employer for a specific period of time in a designated geographical area.