JD Supra: There Will Be No Ban on Covenants Not to Compete
Question: Did the Federal Trade Commission cease litigating for its proposed ban on covenants not to compete? If we are going to continue to use them, what are some good pointers for drafting them?
Employers often enter into post-employment restrictive covenants (commonly referred to as non-compete agreements ) with employees only to find that when the employees leave, the restrictive ...
JD Supra: Wyoming Legislature Takes a Bite Out of Covenants Not to Compete
Governor Gordon signed a bill this week to significantly narrow the enforceability of covenants not to compete under Wyoming law. While the new law leaves Wyoming businesses with a few options to ...
Covenants not to compete imposed upon employees are strongly disfavored, since they restrict restrain trade and the free market. In most instances, they are not the product of arms-length negotiation; ...
Covenants are one of the most important themes in the Bible—they are the key to God’s redemptive plan to restore humanity to its divine calling. Starting in Genesis, God enters into one formal partnership (i.e., covenant) after another with various humans in order to rescue his world.
Unlike a contract, which encompasses the entire deal between parties, a covenant is a single obligation or restriction. You’ll find covenants tucked inside larger documents like property deeds, leases, loan agreements, and employment contracts.
Opinion: Recent court decisions in Delaware provide departing employees and advisers with fuel to fight noncompete covenants that may have previously been enforced in the same jurisdiction.