In North American Fire Ultimate Holdings, LP v. Alan Doorly, the Delaware Court of Chancery held that the restrictive covenants included in an incentive unit grant agreement were unenforceable when the units received by the...more
5/23/2025
/ Acquisition Agreements ,
Breach of Contract ,
Compensation & Benefits ,
Consideration ,
Contract Disputes ,
Contract Terms ,
Employee Incentive Plans ,
Employment Contract ,
Employment Litigation ,
Forfeiture ,
Motion to Dismiss ,
Non-Compete Agreements ,
Restrictive Covenants ,
Unenforceable Contract Terms
In Frontline Techs. Parent, LLC v. Murphy (Aug. 23, 2023), the Delaware Court of Chancery rejected enforcement of former employees’ noncompetition restrictions because the agreement language did not prohibit competition with...more