Non-compete
My former employer has recently just sold their business. I have not worked there for a year and there is still a year left on my non-compete. Is it enforceable by the new owners? I am sure they are aware of my non-compete and they will know if I compete. If it is not enforceable, should I have an attorney send a letter of my intent to compete?
3 answers | asked Feb 3, 2014 12:00 PM [EST] | applies to Florida
Answers (3)
This will likely depend on the type of sale that occurred between the two companies. Also, if the agreement was not written to benefit successors then it is possible that the new company does not have a legal right to enforce the agreement. I recommend that you have an attorney look into that before you make any moves that may violate the agreement. Hope this helps.
posted by Arthur Schofield | Feb 3, 2014 12:19 PM [EST] [ Best Answer - selected by asker ]
posted by Arthur Schofield | Feb 3, 2014 12:19 PM [EST] [ Best Answer - selected by asker ]
You should have an attorney review your non-compete to determine whether it is enforceable, as well as what options you have.
posted by Whitney Ambuter | Feb 3, 2014 12:18 PM [EST]
posted by Whitney Ambuter | Feb 3, 2014 12:18 PM [EST]
Typically it would be enforceable, but you should have an attorney review your noncompete contract to make sure.
posted by Phyllis Towzey | Feb 3, 2014 12:09 PM [EST]
posted by Phyllis Towzey | Feb 3, 2014 12:09 PM [EST]
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