(6) Indeed, when the legislature passed the
restrictive covenant statute, it was not writing on a blank slate; the term "goodwill" had come to find meaning in Florida law generally.
The suit also argued that the
restrictive covenant was to prevent big box retailers who compete in the same market as Walmart.
C&W responded by having its employees sign two-year non-service
restrictive covenants under which they promised not to provide services at any locations at which they had worked while C&W employees.
In March 2008, the Town granted petitioners' application, however, it was subject to several
restrictive covenants, including one that required all 172 units in the project to be sold as condominiums only.
The starting point is that
restrictive covenants are unenforceable as a restraint of trade.
Non-compete agreements, non-solicitations and confidentiality agreements (
Restrictive Covenants) are vehicles to protect the thousands of dollars and hours spent in developing a company's product or services.
Such
restrictive covenants are also known as noncompete clauses (NCCs).
The letter added that the Competition Office of the European Commission should "issue a directive to Wirral Council to prevent any 'sale' of the
Restrictive Covenants at Ingleborough Road, until the matter can be formally investigated and ruled upon".
Donna Truex, Miller's lawyer from Bowditch & Dewey LLP, recorded a
restrictive covenant prohibiting the use of the house as a group home for disabled people.
Contacting the person having the benefit of the
restrictive covenant is rarely a viable option.
Jim is very focused on protecting his intellectual property as well as his customer relationships and would like to have employees sign non-competition agreements and other
restrictive covenants. Are there any particular concerns about which Jim should be aware?