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Non-Compete Law

Non-Compete Law

CUSTOMER LISTS AND NON-COMPETE AGREEMENTS

I was on a corporate law firm website today. The firm represents employers and companies in employment litigation. They advertise that the first step when an employee leaves and there is the threat they will breach their non-compete agreement, is to “write a firm cease and desist letter” “demanding the return of all company information…[Read More]

WHO IS THIS?

QUESTION: Who is this lady? 1. She is your ex-employer’s IT department who was asked to examine your blackberry and laptop 10 minutes after you resigned and these items were returned. She is building a lawsuit against you for breach of contract and Trade Secret violations. 2. She is your old colleague who was emailing…[Read More]

VIRGINIA LAW ON NON-COMPETES (Case by Case)

There is not a section of Virginia Code dedicated to employment agreements. Nor is there a litmus test which allows employees to determine whether or not the agreement they have signed is enforceable. The law in Virginia on the subject is found in common law or case law. This means, that each case, contract and…[Read More]

TRADE SECRETS: WHAT ARE THEY?

More and more frequently, when one of our clients gets sued over the alleged breach of a non-compete or non-solicitation agreement, the law firm representing the employer adds an allegation to the lawsuit claiming the employee “misappropriated trade secrets.” I thought I would share with our readers just what the heck is a “trade secret”…[Read More]

VALUE OF YOUR BOOK OF BUSINESS

Some professionals call their client list a “book of business.” A law firm, accounting firm, skilled workers like plumbers and electricians, have loyal customers. These customers may follow this professional wherever they go. We often see in our non compete work, that an employee is hired away from company #1, and given a great opportunity…[Read More]

TRADE SECRET CASE LEADS TO BANKRUPTCY

Trade Secret Claims are serious. Just how serious? Read this article about a successful Roanoke Virginia company – who recently had a California Court order they pay over $30 million dollars for a trade secret case. “Roanoke-based Luna Innovations Inc. filed for Chapter 11 bankruptcy protection this morning in the U.S. Bankruptcy Court for the…[Read More]

VIRGINIA BUSINESS ATTORNEY

I was born and raised by an entrepreneur. What does that really mean? It means my entire life I have thought about “owning my own business.” I don’t think I am alone in this crazy dream. According to Entrepeneur Magazine, -68% of business students are interested in owning their own business. (Collegiate Entrepreneurs Organization, July…[Read More]

STEALING BUSINESS SECRETS!

Our firm spends a great deal of time representing employees who are fighting restrictive and unfair non-competition or non-compete contracts. We are also involved with employment litigation involving allegations of the theft of trade or business secrets. Virginia has adopted the Uniform Trade Secrets Act which defines a “trade secret” as: …information, including but not…[Read More]