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Basic Non Compete Question

The company I work for was recently acquired by a much large...
Ivory Center Ape
  02/17/18
doesn't your company still exist?
Offensive gay wizard
  02/17/18
Yeah it does. I hadn't thought of it that way.
Ivory Center Ape
  02/17/18
Probably yes
Bateful Mahogany Step-uncle's House
  02/17/18
Just assign your rights under the contract to a friend
claret police squad fortuitous meteor
  02/17/18
lol
fishy supple shrine
  02/17/18
It's plausible but the law is a fucking mirage. It's really ...
flushed cracking school reading party
  02/17/18
...
fishy supple shrine
  02/17/18
Check the K as well. Did u possibly negotiate a carveout for...
black legal warrant property
  02/17/18
depends on the state. we have employment lawyers look at the...
free-loading theatre elastic band
  02/17/18


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Date: February 17th, 2018 3:57 PM
Author: Ivory Center Ape

The company I work for was recently acquired by a much larger one. The new president said all of our non competes were purchased by the new company and are still binding. Is that plausible? I don't see any language in it saying the non compete is transferable.

(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35425923)



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Date: February 17th, 2018 4:03 PM
Author: Offensive gay wizard

doesn't your company still exist?

(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35425957)



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Date: February 17th, 2018 4:14 PM
Author: Ivory Center Ape

Yeah it does. I hadn't thought of it that way.

(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35426039)



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Date: February 17th, 2018 4:26 PM
Author: Bateful Mahogany Step-uncle's House

Probably yes

(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35426123)



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Date: February 17th, 2018 4:27 PM
Author: claret police squad fortuitous meteor

Just assign your rights under the contract to a friend

(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35426133)



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Date: February 17th, 2018 4:57 PM
Author: fishy supple shrine

lol

(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35426341)



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Date: February 17th, 2018 4:28 PM
Author: flushed cracking school reading party

It's plausible but the law is a fucking mirage. It's really more of a matter of?

1) Would they sue you if you left?

2) Would you fight the lawsuit?

3) Who is your state favorable to?



(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35426137)



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Date: February 17th, 2018 4:57 PM
Author: fishy supple shrine



(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35426343)



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Date: February 17th, 2018 4:31 PM
Author: black legal warrant property

Check the K as well. Did u possibly negotiate a carveout for this kind of scenario?

(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35426158)



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Date: February 17th, 2018 4:53 PM
Author: free-loading theatre elastic band

depends on the state. we have employment lawyers look at the state law if we want to assign non-competes

(http://www.autoadmit.com/thread.php?thread_id=3896049&forum_id=2#35426317)