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Texas Employers Should Add Assignability Clauses To Restrictive Covenants

In Intertek, Texas court held company Vice President’s non-compete was unenforceable by purchaser-entity because underlying employment agreement lacked assignment clause. Assignability clauses are frequently buried in the miscellaneous section of agreements. ....

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Missed Assignments: The Importance of Assignability Clauses in Restrictive Covenant Agreements | Sheppard Mullin Richter & Hampton LLP

Imagine paying millions to acquire a company only to later discover the restrictive covenants in the employment agreements of high-level executives were unenforceable. That’s precisely. ....

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People in the news – week of Nov. 19, 2021

People in the news – week of Nov. 19, 2021
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