In a significant ruling for employers, the Texas Supreme Court has ruled that stock options can serve as valid consideration to enforce a non-compete
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Restrictive Covenants
Ohio Trade Secret Plaintiffs May Get Damages AND a Permanent Injunction
A trade secrets plaintiff can secure both a damages award for misappropriation of trade secrets and a permanent injunction to prevent further injury under Ohio’s version of the Uniform Trade Secret Act.
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Building the Wall: Minimizing Exposure When Hiring an Employee with a Non-Compete
Two recent decisions in the news highlight the risks that may accompany hiring an employee subject to a potentially enforceable non-competition or non-solicitation agreement.
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Third Circuit Requires Clear Showing of Performance for Non-Compete
If a company intends to enforce a non-competition agreement, it better be prepared to convincingly show that it fully complied with the other terms of that agreement…
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Sears and Limited Brands Race to Courthouse over New Exec
Sears’ Lands’ End unit is sparring with Limited Brand’s Bath & Body Works over the hire of senior executive Nicholas P.M. Coe as Bath & Body Works’ new CEO, claiming he is violating his non-compete…
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The Importance of Trade Secret Audits
An important trade secret safeguard that is sometimes mentioned but rarely emphasized is the need for annual or, better yet, semi-annual audits of written agreements and policies to protect those trade secrets.
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