News & Analysis as of September 18, 2024

Non-Compete Agreements › Partnerships

+ Follow

Non-Compete Agreements are contracts, typically formed in employment or business purchase contexts, where one party agrees to refrain from engaging in a particular line of work or pursuing business within a certain industry or locale. The purpose of these agreements is to protect employers or business purchasers from competition stemming from former employees or former owners of a business. less -

Delaware Supreme Court Enforces Forfeiture for Competition Provision in Partnership Agreement

Sheppard Mullin Richter & Hampton LLP on 2/16/2024

In Cantor Fitzgerald, L.P. v. Ainslie, No. 162, 2023, 2024 WL 315193 (Del. Jan. 29, 2024), the Delaware Supreme Court held enforceable a “forfeiture for competition” provision in a limited partnership agreement, upholding...more

[Virtual Half-Day Seminar] Real Estate Startup - April 18th, 9:00 am - 12:15 pm CST

Winstead PC on 4/7/2023

On April 18, join Winstead attorneys Trip Dyer, Ben Gehlbach, Daniel Bell-Garcia, Jacob Loehr, Matt Dzura, and Cole Gearhart, along with Whitley Penn Partner Shea Krachek, for our Real Estate Startup half-day virtual seminar....more

Key Considerations in the Purchase / Sale of a Partnership Interest

Payne & Fears on 3/24/2023

Payne & Fears’ Business Litigation Group helps businesses and their owners with wide-ranging disputes. In our practice, we’ve noticed that in disputes among business partners there are common issues that often surface. ...more

Louisiana Expands Scope of Non-Competes Law to Include Partners, Shareholders and LLC Members

Proskauer - Law and the Workplace on 9/5/2020

Louisiana’s amended non-competition statute (La. R.S. 23:921), which meaningfully expands the application of employment-related non-compete restrictions within the state, went into effect on August 1, 2020. This amendment...more

Louisiana Expands its Non-Compete Statute in Favor of Companies

Seyfarth Shaw LLP on 8/20/2020

In a strengthening of company contractual rights, the Louisiana Legislature recently expanded its state non-compete statute by permitting a corporation, partnership, or limited liability company to enter into agreements with...more

Need to Know: Amendment to Louisiana Non-Compete Statute Took Effect on August 1, 2020

Epstein Becker & Green on 8/5/2020

Louisiana has long had in its statutes one of the nation’s most distinctive non-compete laws, and that statute has just been amended in a subtle but important way. LA. R.S. 23:921 essentially provides that every agreement...more

6 Results

View per page

Page: of 1