Citing Nebraska’s fundamental public policy, the U.S. Court of Appeals for the Third Circuit recently affirmed a District Court’s refusal to enforce a Delaware choice of law clause in a non-compete agreement signed by a Nebraska employee.
Delaware law is generally favorable to enforcing non-compete restrictions. Hundreds of thousands of new corporate entities (corporations, LLCs, LPs, LLCs, etc.) are created in Delaware every year, and the First State is home to more than two-thirds of the Fortune 500 and 80 percent of all firms that go public.[1] Many of these Delaware ...
Recent Updates
- Louisiana, Maryland, and Iowa Pass Laws Restricting Noncompetes Specific to Certain Professions
- Delaware Refuses to Blue Pencil Overbroad Restrictive Covenants Following Business Acquisition
- Virginia Senate Bill 128 Adds Health Care Professionals to Virginia’s Noncompete Restrictions
- When the Deal Closes, the Trade Secrets Don't: Enforcing Sale-of-Business Covenants Under Judicial Scrutiny
- Tennessee Enacts New Restrictions on Noncompete Agreements