Restrictive Covenants
Definition:
Every business has valuable information essential to its success.
Employers include a restrictive covenant, or non-compete
agreements, in their employment contracts, which restrict employees from soliciting
customers or using their gained knowledge, client connection or confidential
information to compete with his/her previous employer after their employment
has been terminated.
Consequences of Restrictive Covenants:
If an employer has reasonable doubt that an employee has breached the restrictive covenant upon termination, they can ask for an interlocutory injunction, where the court will ask the employee to stop and hear full evidence. The employer will need to show some loss of profits, contracts or opportunities that result from the breach of restrictive covenant.What a Lawyer can do for you:
Employment lawyers handle breach of restrictive covenants for companies and large corporations. Lawyers can be a great resource for helping you seek resolution of your breach of restrictive covenant or other contract disputes. Employment lawyers can also help you evaluate the benefits of resolving your case by asking for an interlocutory injunction.Lawyer Referral Service:
If your employee has breached the restrictive covenant, call Attorney Search Network. We can help you find employment lawyers that can assist you in the settlement of the breach of restrictive covenant.
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