White Paper

4 Pages
  • 4 Pages

Remedies - Covenants Not to Compete

 

Noncompete agreements and trade secret rights are meant to be enforced - quickly, if necessary.

These agreements and rights may need to be quickly enforced especially when a breach or threatened breach occurs and unfair competition is imminent. Therefore, the ability to enjoin breaching activity in this type of litigation can even be more important than actual monetary damages or other forms of relief. In fact, during threatened breach situations, or in situations where a violation has occurred but has not yet had a direct impact on a company’s business, actual damages might not even be present at the time a lawsuit is filed. This white paper reviews temporary restraining orders, and preliminary and permanent injunctions.