A New York appellate court recently affirmed a lower court’s judgment that the statute of frauds precluded enforcement, by a plaintiff ophthalmology practice against a defendant former employee, of a two-year non-compete clause contained in a 1996 written agreement which was allegedly incorporated into a 1998 oral employment agreement.
Continue Reading New York Appellate Court Refuses to Recognize Oral Extension of Two-Year Non-Compete Clause
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Eighth Circuit Affirms Award Of $1,369,921 As Liquidated Damages In No-Compete Case
Posted in Non-Compete Agreements
Applying Missouri law, the United States Court of Appeals for the Eighth Circuit recently affirmed an award of $1,369,921 in liquidated damages stemming from the alleged violation of non-solicitation agreements by four former employees of accounting firm Mayer Hoffman McCann.
Continue Reading Eighth Circuit Affirms Award Of $1,369,921 As Liquidated Damages In No-Compete Case