There may be a multitude of companies in Florida and elsewhere that seek to protect their business interests by requiring employees to sign noncompete agreements. However, there are a variety of scenarios in which a similar type of agreement might be deemed invalid. Business owners who wish to safeguard their interests could find it helpful to seek guidance on how to create enforceable noncompete agreements.
A company's trade secrets can come in a variety of forms and fashions and protecting this information could prove essential to safeguarding the future of the business. Business owners in Florida who feel that another party has stolen sensitive information may wish to know more about the steps to take to protect their interests. The owner of a catering company in another state has recently filed a lawsuit accusing a former employee of theft of trade secrets.
Bayer CropScience has recently filed a lawsuit accusing a former employee of sharing proprietary company information with his new employer. Similar scenarios could leave companies in Florida and elsewhere involved in intense trade secret disputes. Those who face such disputes may wish to take steps to protect their business interests, but they might be uncertain where to turn for guidance on how best to achieve this goal.
The level of competition between rival companies in Florida and elsewhere can be intense at times. While this aspect of business could be healthy under certain circumstances, there are a variety of scenarios in which conflict may arise. Real estate companies Zillow and Compass have recently engaged in noncompete and trade secret disputes after Zillow claimed that three former employees turned in their resignations and accepted positions with a competitor.
When a company in Florida and elsewhere receive information about the possible theft of sensitive company secrets, it may wish to begin taking steps to protect its interests. While a company may wish to take time to investigate the matter thoroughly, timing may also be of the essence, as a lengthy delay in action could prove detrimental. A court recently ruled that an asphalt company in another state was time-barred from filing a theft of trade secrets claim against another party.
Upon entering retirement, some individuals in Florida and elsewhere may find that too much free time could leave them yearning for something to fill the void. Should these individuals choose to accept a position in a field they are accustomed to, their former employers may have concerns about the sharing of proprietary information, especially if the new employer is a competitor. A company named Koppers has recently filed a lawsuit accusing a former employee of violating trade secrets laws.
While there may be opportunities for career advancement available, for many workers in Florida and elsewhere, the process might not be as easy as filling out an application. Even those who work minimum wage jobs may be restricted by noncompete agreements at times. Florida Senator Marco Rubio has recently took to social media to promote a bill that would limit the use of similar agreements in low wage jobs, but some feel this change might not be enough.
Many companies in Florida and elsewhere place a high value on protecting the sensitive information on which their success is built. However, while this used to involve securing documents in a locked drawer or safe, protecting trade secrets in a digital age can be a more intricate process. Company owners may wish to know more about how to spot a potential theft of trade secrets, and what steps to take should this occur.
Many businesses in Florida may require employees to sign an agreement stating that they will not accept a position with a rival company for a set time period upon leaving the company. However, when it comes to enforcing a noncompete agreement, some may argue that the terms within are too broad and restrictive. A marketing agency in another state has recently filed a lawsuit against a former employee after claiming he violated his noncompete agreement.
After building a healthy reputation over years of service in their respective fields, some individuals in Florida and elsewhere may wish to try their hand at entering the realm of self employment. However, should a person choose to operate in a similar field, his or her previous employer might contest that the move is in violation of a noncompete agreement. A Harley Davidson dealership in another state has recently filed a lawsuit against a former employee under similar circumstances.