Judge Misread Noncompete In Wi-Lan Case, 2nd Circ. Told

Law360, New York (February 24, 2012, 7:52 PM EST) -- Patent-licensing company General Patent Corp. on Thursday appealed a lower court's decision that refused to bar a former executive from working for onetime merger suitor Wi-Lan Inc., arguing the court incorrectly ruled that the executive's employment with Wi-Lan was kosher in spite of a binding noncompete contract.

GPC argued in a brief to the Second Circuit that a New York federal court erroneously interpreted the noncompete contract at issue as allowing former GPC Vice President Paul J. Lerner to compete with GPC in the event he...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.