Walmart Urged To Reach Deal With Exec In Noncompete Suit

Law360, Wilmington (June 12, 2018, 7:29 PM EDT) -- A suit lodged by Walmart Inc. against its chief tax officer for entertaining a job offer with Amazon.com Inc. will proceed on an expedited basis after a Delaware state court judge on Tuesday agreed that the job offer represents a threat of harm to the company, but urged the parties to explore a mutual resolution over the next week.

During a teleconference, Vice Chancellor J. Travis Laster said that the suit over Lisa Wadlin's potential future employment with one of Walmart's biggest competitors, in violation of a noncompete provision, was filed at an appropriate time because it would allow for discussions...

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