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Home / News Stories / Noncompete Payment Is Pulled Into Marital Pot (access required)

Noncompete Payment Is Pulled Into Marital Pot (access required)

Although a husband signed a noncompete agreement when he sold his business before his marriage, the $1 million he collected after the marriage is not his separate property, the Virginia Court of Appeals has ruled. The husband signed a noncompete agreement when he sold his long distance telephone company in 1996, agreeing not to compete with ...

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