X
27Feb

Chancery Finds Liquidated Damages Clause for Breach of Non-Compete Unenforceable

Lyons Ins. Agency, Inc. v. Wark, C.A. No. 2017-0348-SG (Del. Ch. Jan. 28, 2020). In this decision on cross-motions for summary judgment, the Delaware Court of Chancery held that a liquidated damages clause for a breach of a covenant not to compete...
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/chancery-finds-liquidated-damages-14461/

Related

DOJ Antitrust Division Releases New Merger Remedies Manual

On September 3, 2020, the DOJ’s Antitrust Division released its Merger Remedies Manual. The manual ...

Read More >

10 Trends in Physician Practice Transactions to Track in 2020

By all accounts, 2019 proved to be another year of significant investment by private equity firms in...

Read More >

THE SECURE ACT: New Legislation Brings Major Changes To Retirement Plan Benefits And Administration

The Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”), which wa...

Read More >

The hardship distribution

It’s 2019 and while the hardship rules are changing for 2020, keep in mind that hardship distributi...

Read More >

2021 Forecast for UK M&A and IPOs: Delayed Gratification?

Many commentators predicted a boom in M&A and initial public offerings (IPOs) in the U.K. in 2020, a...

Read More >

Reduction and Exemption of Chinese Employer’s Contribution to Social Insurance

On February 20, 2020, the Ministry of Human Resources and Social Security, the Ministry of Finance, ...

Read More >