Highland Knocks Out Noncompete Claim In Fight With Ex-Exec

Law360, Dallas (January 31, 2014, 5:26 PM EST) -- A Texas judge on Friday trimmed several claims brought against Highland Capital Management LP by its former private equity chief, who's fighting a defamation suit and claiming the hedge fund owes him money, teeing up the case for closing arguments next week.

After former Highland executive Patrick Daugherty rested his defense Friday morning, Dallas County District Judge Martin Hoffman granted a directed verdict in favor of Highland on Daugherty’s request the jury find a noncompete clause in his employment agreement invalid and on Daugherty’s claims he...
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