Defining Solicitation In Restrictive Covenant Agreements

Law360, New York (August 2, 2011, 1:10 PM EDT) -- In Bessemer Trust Company v. Branin, the U.S. Court of Appeals for the Second Circuit held that an executive who sold his company and later joined a competitor could assist his new employer in a variety of ways to pitch his former clients without violating the law on nonsolicitation. This is an important development for service-sector businesses and companies that acquire them.

Background

Francis S. Branin owned a company that provided financial advice to high net-worth individuals. He later sold his business to Bessemer and became...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.