News & Analysis as of September 21, 2024

Non-Compete Agreements › Customer Lists

+ Follow

Non-Compete Agreements are contracts, typically formed in employment or business purchase contexts, where one party agrees to refrain from engaging in a particular line of work or pursuing business within a certain industry or locale. The purpose of these agreements is to protect employers or business purchasers from competition stemming from former employees or former owners of a business. less -

7 Tips to Help Financial Advisor Firms Protect Their Customer Lists

Farella Braun + Martel LLP on 5/24/2022

Customer relationships are a key asset for companies in the financial advising and wealth management industry. In California, however, the law is making it increasingly difficult to stop departing employees from soliciting...more

FRANCHISOR 101: Not at Liberty to Compete

Lewitt Hackman on 5/1/2020

A federal district court in Michigan granted a preliminary injunction in favor of tax preparation franchisor, Liberty Tax Service (JTH Tax, Inc. v. Magnotte, E.D. Mich., ¶16,575), finding it was likely to succeed on its...more

Don’t Friend My Friends: Nonsolicitation Agreements Should Account for Social Media Strategies

Orrick - Trade Secrets Group on 2/16/2017

As social media becomes an important part of many companies’ sales and branding strategies, issues relating to companies’ ability to protect their investments in such strategies are emerging. Indeed, this blog has previously...more

Illinois Court Leaves Former Employer Without Remedy After Invalidating Its Overly Broad Restrictive Covenants

Ogletree, Deakins, Nash, Smoak & Stewart,... on 11/5/2015

Just days before Halloween, the Illinois Appellate Court sent a scary message to employers: We will not enforce or judicially modify your overly broad restrictive covenants! In AssuredPartners, Inc. v. Schmitt, No. 13 CH...more

Protecting Company Relationships and Information Upon an Employee Departure

Smith Anderson on 10/16/2015

Learn how your company can prepare to act quickly and strategically to protect important relationships, information and trade secrets at the time that a key employee leaves. This webinar will review the latest developments in...more

To Void Or To Modify? Courts Have The Final Say On Voiding Or Rewriting A Non-Compete Agreement

Adler Pollock & Sheehan P.C. on 10/8/2015

“This has been a trend for a long time; the days of lifetime employment are long since over.” — Marc Andreeson Anticipating that employees do not always stay with an employer for the duration of their careers,...more

Striking a Balance: Alabama’s Newly-Amended Restrictive Covenant Statute

Ogletree, Deakins, Nash, Smoak & Stewart,... on 8/17/2015

When Alabama Governor Robert Bentley signed House Bill 352 into law on June 11, 2015, he repealed Alabama’s bare bones restrictive covenant statute and replaced it with a detailed codification of much of Alabama’s restrictive...more

California Court Affirms That Customer Lists Can Qualify As Trade Secrets

Ogletree, Deakins, Nash, Smoak & Stewart,... on 11/14/2012

Wanke, Industrial, Commercial, Residential, Inc. v. Superior Court, 2012 WL 4711888 (Cal. App. 4th, Oct. 4, 2012): In Wanke, the appellate court affirmed that under some circumstances, a company’s customer list can qualify as...more

California Court Affirms that Customer Lists Can Qualify as Trade Secrets

Ogletree, Deakins, Nash, Smoak & Stewart,... on 10/24/2012

Under California’s trade secret laws, a trade secret is information that (a) is not generally known in the industry, to the public, or to others who can realize economic value from its disclosure or use; (b) has independent...more

9 Results

View per page

Page: of 1

Non-Compete Agreements › Customer Lists

"My best business intelligence, in one easy email…"