In Acordia of Ohio, L.L.C. v. Fishel, 2012-Ohio-2297, the Ohio Supreme Court held that while employees' noncompete agreements transfer by operation of law following a merger with an L.L.C., the language in such an agreement may preclude the L.L.C. from enforcing the...
Non-compete Agreements: To Compete, or Not to Compete
Employers regularly utlize non-compete agreements to protect their interests-such as trade secrets, confidential information and resources spent to train and educate their employees. The necessary result is that many employees face the decision whether or not to...
Are Stock Option Agreements The Modern Agreements Not To Compete?
Non-compete agreements, also known as "covenants not to compete," previously were part of any typical employment and/or compensation agreement between companies and their executives. While most executives may not know the exact legality of non-competition agreements,...
