On December 16, 2011, the Texas Supreme Court ruled on an appeal of Marsh USA Inc., and Marsh & McLennan Companies v. Rex Cook, reversing the ruling of the Court of Appeals for the Fifth District of Texas. In this case, the petitioners, Marsh USA Inc. et al, argued that a covenant not to compete that was signed by Mr. Cook was in fact enforceable, as the stock options which were provided to Mr. Cook reasonably related to the company's interest in protecting its business interests. Read More...
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Texas Supreme Court Reverses Appellate Court Ruling on Noncompete Enforcement
Monday, January 09, 2012
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