Zimmer Biomet accusing former executive of stealing trade secrets
Zimmer Biomet alleges that a former longtime executive stole company secrets and breached a non-compete agreement after he became the CEO of a leading competitor.
Zimmer Biomet alleges that a former longtime executive stole company secrets and breached a non-compete agreement after he became the CEO of a leading competitor.
The Kentucky Supreme Court issued an opinion that a fee allocation provision contained in an attorney employment agreement does not violate legal public policy that prohibits the restriction of attorneys’ ability to practice law.
The complaint states that the stipulations included an $8,000-per-client liquidated-damages penalty and a $6,000 case acquisition cost, which several attorneys told The Lawyer they were surprised to see.
Former Chief Execution Officer Shane Hochradel resigned from Elevance in May and joined California-based Alignment Healthcare on June 1.
Matthew Wade requested a formal advisory opinion on whether his offer would trigger the statute.
Colorado-based 3C LLC alleges the employee had been on staff for more than a year when the company discovered he was selling a competitor’s product while serving 3C customers.
Greenwood-based RevOne Companies failed to show a former employee breached a noncompete agreement or disclosed any of the company’s confidential and proprietary information after going to work for a competitor, the Indiana Court of Appeals ruled.
A Texas U.S. District Court judge ruled Tuesday that the Federal Trade Commission cannot enforce its near-total ban on noncompete agreements.
Indiana University Health said Thursday it will eliminate noncompete clauses for primary-care physicians, effective Dec. 15.
A sale-of-business provision in the agency’s new rules permits entering into a noncompete with a person who is selling a business or disposing of all of the person’s ownership interest in a business in a “bona fide sale.”
It remains unclear whether and when the rule will go into effect, as lawsuits have already been filed challenging the FTC’s authority to issue the rule and the rule itself.
A ruling from the Federal Trade Commission could ban the use of noncompetes for all but the highest earners if it survives legal scrutiny.
The Federal Trade Commission on Tuesday banned noncompete agreements for most U.S. workers, a move that will affect an estimated 30 million employees bound by contracts that restrict workers from switching employers within their industry.
Traditionally, the question of whether a non-compete is enforceable turns on one question: is it reasonable?
Employers in England long ago developed a concept known as “garden leave,” in which departing employees stay on the payroll during the period they are restrained from competing.
An Allen Superior Court judge has granted a doctor’s motion for a preliminary injunction in a lawsuit involving a physician noncompete agreement, although the ruling declined to apply the state’s new statute barring physician noncompetes.
A temporary restraining order has been granted in one of the first lawsuits following Indiana’s new statute on physician noncompete agreements.
Can an employer ask an employee to sign a confidentiality, non-disparagement or noncompete agreement?
Noncompete agreements have been a longstanding topic of debate in employment law. In 2023, the federal government inserted itself into the debate.
A new law went into effect in Indiana last month that eliminates the use of noncompete agreements in physicians’ contracts. However, the legislation has raised many questions for attorneys and clients on both sides of the issue.