Citing Nebraska’s fundamental public policy, the U.S. Court of Appeals for the Third Circuit recently affirmed a District Court’s refusal to enforce a Delaware choice of law clause in a non-compete agreement signed by a Nebraska employee.
Delaware law is generally favorable to enforcing non-compete restrictions. Hundreds of thousands of new corporate entities (corporations, LLCs, LPs, LLCs, etc.) are created in Delaware every year, and the First State is home to more than two-thirds of the Fortune 500 and 80 percent of all firms that go public.[1] Many of these Delaware ...
Recent Updates
- New York Proposes Bill Aimed at Prohibiting Noncompetes for Healthcare Workers
- No Free Pass in Mass: Massachusetts Supreme Judicial Court Says Irreparable Harm Must Be Proven, Not Presumed, in Trade Secret Cases
- New York Federal Court Enforces Non-Compete Against Employee Terminated for Cause
- Louisiana, Maryland, and Iowa Pass Laws Restricting Noncompetes Specific to Certain Professions
- Delaware Refuses to Blue Pencil Overbroad Restrictive Covenants Following Business Acquisition