Labor/Employment
Feb. 22, 2001
Goodwill Hunting
The court reaffirmed California's long-standing policy disfavoring covenants not to compete and clarified the state's sale-of-business exception.
By Sonya Sud
A recent appellate decision has stressed the importance of goodwill in share-buyback arrangements that include covenants not to compete. In Hill Medical Corp. v. Wycoff, 2001 Daily Journal D.A.R. 1119 (Cal. App. Feb. 1, 2001), the 2nd District Court of Appeal held that a covenant not to compete...
A recent appellate decision has stressed the importance of goodwill in share-buyback arrangements that include covenants not to compete. In Hill Medical Corp. v. Wycoff, 2001 Daily Journal D.A.R. 1119 (Cal. App. Feb. 1, 2001), the 2nd District Court of Appeal held that a covenant not to compete...
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