By G. A. Finch It is commonplace for an executive to ask for my legal advice when the executive is contemplating leaving an employer or the executive has been terminated. Of course, I ask for a copy of the executive’s employment agreement, if any, to analyze the rights, duties, and obligations that the executive… Read More CRAZY NOT TO OBTAIN AND READ EXHIBITS AND REFERENCED DOCUMENTS IN EMPLOYMENT CONTRACTS
When you have a non-compete agreement, be careful how you use social media.… Read More LINKEDIN AND NON-COMPETE AND NON-SOLICITATION AGREEMENTS
Executives must watch out for an attorneys’ fees remedy in employment, separation and restrictive covenant agreements.… Read More PREVAILING PARTY’S LITIGATION EXPENSES
New Illinois Supreme Court case on covenant not to compete.… Read More ILLINOIS SUPREME COURT OPINES ON LAW OF COVENANT NOT TO COMPETE
Executives’ New Year’s resolutions ought to include their reviewing their non-competes, implementing confidentiality protections, and marrying social media with offline live interaction.… Read More SUGGESTED NEW YEAR’S RESOLUTIONS ON NON-COMPETES, CONFIDENTIALITY AGREEMENTS, AND SOCIAL MEDIA
In a 17 May 2011 article, Crain’s Chicago Business reported that Sears Holdings Corporation sued its erstwhile Senior Vice President Nicholas P.M. Coe to enjoin him from working for its perceived direct competitor, Limited Brands, Inc. Mr. Coe ran Sears’ Lands’ End business unit. At Limited Brands, Inc. Mr. Coe serves as CEO of Bath… Read More SEARS SEEKS TO ENFORCE NON-COMPETE PROVISION AGAINST EXECUTIVE
Executives must not forget their obligations under non-solicitation, non-compete, and confidentiality provisions when using social media.… Read More UNINTENDED LEGAL CONSEQUENCES OF SOCIAL MEDIA FOR EMPLOYMENT CONTRACTS
G. A. FINCH According to the English philosopher Francis Bacon, “A man must make his opportunity as oft as find it.” Preventing a person from making his opportunity runs counter to the American ethos that a person should have the freedom to work wherever and whenever the person desires. This notion has been tempered by contractual and… Read More NON-COMPETE AGREEMENTS: YOU MAY NOT GET WHAT YOU BARGAINED FOR
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