My company, that I owned and operated solely, had a no compete clause put into place by the investor. I have closed the business, but he claims I can not work for a company, as an employee that does the same thing. Is this correct?

I was the owner. I closed the company completely. The investor and I signed a no compete clause at the beginning of the business. However, there is no longer a business to compete with. The investor says, which was not an owner or employee, is claiming I can not work in the same field now as an employee at all.

0 answers  |  asked Mar 8, 2018 06:41 AM [EST]  |  applies to Alabama

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