Corporate Finance in Atlantic Canada

Commentary on corporate finance issues for small- & mid-market private companies in Atlantic Canada

Archive for April 2012

Non-compete litigation

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http://thechronicleherald.ca/business/83233-ex-staffer-handed-interim-injunction

For those of you that negotiate non-compete clauses in either employment contracts or business purchase/sale agreements, check out this ongoing litigation in Berwick, NS.  A former pharmacist-employee is planning to open a competing drugstore in the same town, even though he allegedly signed a non-compete over 15 years ago.  Note Justice Edwards’ “concerns” over the non-compete period of five years, which is a very common period for such things, in my experience.

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Written by Dan Jennings

April 11, 2012 at 12:22 pm

Posted in CF Musings