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Home / Opinion Digests / Employment Law / Bank Can Enforce Execs’ Noncompete (access required)

Bank Can Enforce Execs’ Noncompete (access required)

Capital One can enforce a noncompete covenant that restricts future activities of executives who built up a bank purchased by Capital One in 2006 in a transaction valued at $13.2 billion, and who later departed Capital One after executing a Separation Agreement that said they could not “engage in a Competitive Business” for five years ...