Noncompete involving millions can be upheld 
By Peter Vieth
Published: June 4, 2012
Tags: Banks & Banking, Federal Courts, Judge Liam O'Grady, Noncompete
An Alexandria federal judge will enforce a lucrative noncompete agreement between Capital One Financial Corp. and two former top executives. The decision by U.S. District Judge Liam O’Grady in Capital One Financial Corp. v. Kanas (VLW 012-3-213) is remarkable for addressing a covenant not to compete between a major banking corporation and two highly paid [...]
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