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October 2015 Archives

VW scandal highlights importance of effective compliance, corporate governance

Readers may or may not have heard or read about the current situation facing Volkswagen at present. The situation, simply put, is that Volkswagen is in a lot of trouble for intentionally skirting federal emissions rules. The company has admitted to developing software for millions of vehicles in order to avoid compliance with the requirements.

Protecting business interests with non-compete agreements, P.3

We’ve been discussing the topic of non-compete agreements in our last couple posts, focusing on some of the general requirements courts look for when determining the enforceability of these agreements. As we’ve noted, Louisiana case law does prescribe certain limitations on non-compete agreements, and we’ve already spoken about the two-year time limit, geographic limitations on the scope of activities restricted. Here we will focus on several other important points.

Protecting business interests with non-compete agreements, P.2

In our last post, we began speaking about the potential usefulness of non-compete agreements for curbing employees’ ability to take valuable experience and knowledge to a competitor. Certain conditions must be met, however, for such agreements to be valid and enforceable in court.

Protecting business interests with non-compete agreements, P.1

Employees in the right position stand to gain a lot from an employer, as is well known in the business world. Training, access to business secrets, connections to new customers and markets—all of this can make an employee a potential competitor when he or she concludes his or her time with the company.

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