In the Season 2 finale of Silicon Valley, Pied Piper’s survival depends on a noncompete clause!
I just watched the final episode of Season 2 of HBO’s “Silicon Valley”. Guess what! The survival of the hot startup “Pied Piper” depends on an arbitration of a claim that the startup belongs to a former employer, because the founder used the employer’s resources to create it. But, the arbitration decision depends on an interpretation of our old nemesis, the “noncompete clause” of the founder’s employment contract! Great show.
Photo: HBO
Originally published at https://charleshmartin.com.
[The CEO of a fast-growing tech company explains why he eliminated almost all noncompete agreements for his employees.]
None of us would tolerate limitations on where we choose to travel or live, yet there is passive acceptance of restricting where we can work….(Click link for full article)
Source: Onshape CEO John McEleney: Noncompetes hurt workers and their employers — The Boston Globe
Originally published at https://charleshmartin.com.
Were Duke University and the University of North Carolina wrong to agree to not solicit each other’s employees, or, as this article suggests, did they just do it the wrong way? Unlike California, North Carolina does not have a ban on employee noncompete agreements.
Originally published at https://charleshmartin.com.
The Beastie Boys won $1.7 million in damages for a copyright violation by Monster Energy. My Newsletter 2 discusses this copyright infringement trial, and the related failed attempt to create a contract through an exchange of emails.
Source: Judge Awards Beastie Boys $668,000 in Legal Fees After Trial
Originally published at https://charleshmartin.com.
New York law enforcement officials wrote the companies’ general counsels this week that the new policy, allowing phone calls for polls or marketing, “raises issues” under consumer protection laws.
Source: EBay and PayPal Revise Their User Agreements, and Hit a Nerve — The New York Times
Originally published at https://charleshmartin.com.
