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Courts typically favor enforcement of such sale-of-business non-compete agreements in order to protect buyers from unfair competition from sellers, and to protect the business's goodwill for which ...
The contract must be for the purpose of transferring business assets. One of the exclusive aspects of a bulk sales transfer is that the agreement is for the transfer of inventory that is not in ...
NO staff are taken over in terms of this agreement. NOTE: this is an agreement for the sale of a business and NOT for the sale of shares. This agreement is subject to suspensive conditions and ...
With certain narrow exceptions (including in connection with the sale of the “goodwill” of a business), agreements restraining competition face an uphill battle in California. As a matter of ...
One of the most critical yet often overlooked aspects of business planning is succession planning. One way to ensure leadership continuity or legacy is by establishing a buy-sell agreement.