In Nedschroef Detroit Corp. et al. v. Bemas Enterprises et al., the U.S. Court of Appeals for the Sixth Circuit recently affirmed an award of nearly $3.7 million in damages against two individuals found to have engaged in misconduct related to the operation of a business which competed with their employer.
Nedschroef Detroit Corporation (“Nedschroef”) services and provides replacement parts for fastener machines made by an affiliate in Europe. Without Nedschroef’s knowledge, two of its employees formed a business – under their wives’ names – to do exactly what ...
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