unionstation.jpg

Food For Thought - Article on Non-Competes

May 12, 2014

Food For Thought – Article on Non-Competition Agreements

By: Craig Watrous

In past blog posts, we’ve discussed the enforceability of covenants not to compete in Colorado (also called non-competition agreements or non-competes).  It’s an interesting, evolving area of law.  A covenant not to compete is an agreement that prohibits an entity or a person from competing with another person or entity for a set period of time within a certain geographical area.  Enforcement of non-competes is based on a number of factors including reasonableness, duration, geographical limitations, scope of the limitations, and state law.  In Colorado non-competes are void, except under limited circumstances.  Under such limited circumstances non-competes are absolutely enforceable in Colorado.  While there are specific legal parameters that must be carefully considered with any non-compete, there are also important business implications that business owners and execs must consider.

Jess Haden of Inc.com wrote an article discussing some of the business downsides of using non-competition agreements in the tech industry.  (“The Case Against Non-Compete Agreements”, Inc., November 19, 2013).  Though not a new article, the ideas presented therein are still relevant and present interesting food for thought. Rather than takes sides, I present the article for you to judge. 

For the full Inc. article please see the link below:

http://www.inc.com/jeff-haden/non-competes-could-cause-the-death-of-your-business.html 

(Mallon & Lonnquist, LLC, is a business, finance, real estate, and litigation law firm. Craig T. Watrous is a Colorado business attorney with Mallon & Lonnquist, based in Denver, Colorado. Craig regularly represents clients on both sides of covenants not to compete.)



Category: News and Updates

Category List


Tag List

Community (28)
Non-Competition Agreements (12)
Alternative Dispute Resolution (5)
Finance Law (2)
Construction Contracts (5)
Data Breach (2)
Employment (3)
Colorado business disputes (1)
Our Courts Colorado (1)
courts (1)
Data Breach Settlement (1)
Employment Law (1)
CO Attorney Mentoring Program (1)
Colorado Real Estate (11)
cause for termination (1)
Colorado Enforcement of Non-Compete (2)
Non-Solicitation (1)
Leases (4)
Non-Disclosure (1)
Colorado Foundation for Water Education (1)
Lease Negotiations (1)
Colorado Employment (20)
Colorado LLC (1)
Construction Bond Claims (2)
Spanish Legal Services (7)
St. Anthony, Minnesota (1)
Mechanic's Liens (1)
Colorado Lis Pendens (1)
Colorado Wrongful Death (1)
Labor (3)
Credit Card Data (1)
CO Ski and Snowboard Gear Recall (1)
(31)
Denver arbitration (1)
Overtime Wages (2)
Colorado Retail Leasing (1)
Colorado at-will employment (1)
Denver Colorado Business Attorney (9)
Mergers & Acquisitions (5)
Resolving Business Disputes (1)
Certifiably Green Denver (1)
Skiing Gear (1)
Ethics (1)
Corporate Law (8)
Colorado Hispanic Bar Association (1)
Colorado Business (56)
Non-Compete (2)
Arbitration (2)
Real Estate Law Firm (3)
Colorado Judicial Institute (1)
Real Estate (4)
Wrongful Death Settlement (1)
Commercial Property (1)
Commercial Real Estate (1)
cyber security (3)
Colorado Courts (1)
Helmet Recall (1)
Property Surveys (1)
Construction (6)
Snowboard Gear (1)
Denver Sustainable Law Firm (1)
Cherry Creek Chamber of Commerce (1)
Trade Secrets (6)
Litigation (15)
Co-Ownership Agreement (1)
Business Contracts (1)
Colorado Spanish Legal Services (1)
Denver Broncos (1)
LLC Law (2)
Spanish Business Law (9)
Colorado Construction (1)

Archive