Company Bought - Does non-compete remain in force ?
Non-Compete ?
I joined a IT Company A in 99. I did not sign a non-compete aggement there. In 2001 Comp A was sold to Comp B. We were made to sign an employee aggrement , but it did not include anything as non-compete.
In 2003 Comp B was merged with Comp C. Now comp C is our new company. Have not signed any docs for this company.
All the time i was working for a Client.
Last week , I have resigned from Comp C and am working for my client through some other Vendor.
Can Comp C sue me on non-compete angle ?
Answers (1)
Mr. Raj:
I cannot fully answer your question without further information, however, based on the information provided in your question, I do not believe you could be successfully sued by Company C to prevent you from working for a competitor.
To prevent you from working for a competitor, Company C would need a non-compete agreement to enforce. As you did not sign any non-compete agreements, there is nothing to enforce.
In general, you have an obligation to avoid revealing what Company C would call "confidential information" to new employers. Depending upon your employment agreement, the work you performed for Company C and the management level you achieved in the company, they may be able to enjoin you from working for a competitor if in doing so, you would have no choice but to reveal such information. However, it is rare that such a claim is successfully made.
If you wish to provide me with further information, feel free to contact me by phone, email or mail.
/Christopher E. Ezold/
Nancy O'Mara Ezold, P.C.
401 City Line Avenue,
Suite 904
Bala Cynwyd, PA 19004
(610) 660-5585
posted by Christopher Ezold | Feb 10, 2003 11:03 AM [EST]
Answer This Question
Sign In to Answer this Question
Related Questions with Answers