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Buyer Bought Target Employee’s Non-compete in Merger

Introduction A company’s relationship with its employees may be the crown jewel of the business. Often these relationships are evidenced by employment agreements which contain some form of post-employment nonsolicitation and non-competition covenants. Such provisions may not be enforceable in

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Court finds wealth manager did not solicit his sold company’s clients

Introduction Buying certain personal service businesses presents challenges unlike buying a manufacturer of widgets.  The value in a personal service business may depend upon the relationship the owner has with his sold company’s customers. Thus, the buyer risks buying a

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