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Legal question - Restraint of trade?
Hypothetical situation:
General Manager leaves a company (industry leader). Two years later the National Sales Manager of the same company leaves. They partner to start their own company in the same industry. The new partners pursue business with their contacts in this somewhat niche market. As they work to grow their business, they take business away from the former employer, as well as other competitors in the industry.
There were no non-compete contracts in place with the GM or NSM as employees. Assuming the partners are successful in their new business venture, do they harbor any liability by winning business away from their previous employer?
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Mike
“I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll.
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