The Soapbox

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What's this?

I've had so sign them for business consulting, but ....

everyone knew they were unenforceable and there were no cases of legal action being taken.

IP should be where the line is drawn. Just because you move from widget manufacturer A to widget manufacturer B shouldn't mean you can't sell to the same end customer.

(In response to this post by BocaHoo91)

Posted: 04/24/2024 at 07:14AM

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For those interested...the FTC has banned Non-Compete Agreements (link) -- Tuckahokie 04/24/2024 06:02AM

IIRC Virginia is a Right To Work state -- DexterLake 04/24/2024 07:07AM

Different issue, but yes, non-competes are only as effective as the judge -- Hoodafan 04/24/2024 08:38AM

From what I understand they're never enforced ** -- HokieDan95 04/24/2024 07:36AM

Employers did not think so, as I was under two different ones -- 111Balz 04/24/2024 07:29AM

So more of a customer base limitation? -- DexterLake 04/24/2024 07:35AM

It’s usually to protect clients, trade secrets, employee poaching and IP. -- WahooRQ 04/24/2024 07:53AM

So you can steal IP and trade secrets with no noncompete? ** -- ResistHoo 04/24/2024 08:11AM

That was part of it, but I was about the only banker in the market financin -- 111Balz 04/24/2024 07:39AM

Thread jack ...... -- DexterLake 04/24/2024 07:42AM

Yeah, we were there, beautiful evening, and they sounded great ** -- 111Balz 04/24/2024 07:58AM

Although in honesty, as good as Charlie and the substitute rhythm section -- 111Balz 04/24/2024 08:00AM

Dennis -- DexterLake 04/24/2024 08:25AM

Thanks. There was just something about the way Dennis -- 111Balz 04/24/2024 08:49AM

Yes indeed. Both great in their own way. -- DexterLake 04/24/2024 09:20AM

Not unenforceable, but had to be limited in scope, time and geography. ** -- JMHoo 04/24/2024 07:22AM

JM - if you don't mind - what is the difference between an NDA and a CDA? -- Lazarus 04/24/2024 07:37AM

Thanks Tuck. From Business Law, I never understood how they could be legal -- Lazarus 04/24/2024 06:26AM

Interesting. In my experience they were rarely enforced except in -- BocaHoo91 04/24/2024 07:02AM

While not perfect, I do think NDA’s can be protection against -- 111Balz 04/24/2024 07:23AM

I have a friend Hoo ran a restaurant. When they enforced his no compete - -- Lazarus 04/24/2024 07:19AM

Starr Hill Beer -- DexterLake 04/24/2024 07:28AM

I've had so sign them for business consulting, but .... -- DexterLake 04/24/2024 07:14AM

Mayne because you were never in a position where leaving one place -- WahooRQ 04/24/2024 07:57AM

The same is true in other areas. Try finding a broker that won't tell you -- 81_Hokie 04/24/2024 06:34AM

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