Our colleagues Peter Steinmeyer and Scarlett Freeman of Epstein Becker Green authored an article in Workforce Magazine titled “Courts Take Closer Look at Noncompete Clauses.”
Following is an excerpt:
In the past few years, courts have been re-examining what constitutes adequate consideration for a restrictive covenant. In 2013, the Illinois Court of Appeals held, contrary to longstanding precedent, that in the absence of other considerations, mere employment constitutes adequate consideration for a restrictive covenant only if the employee remains employed for ...
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