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Entries Tagged as 'business sale'

4th Circuit reverses business noncompete damage award

August 24th, 2007 · No Comments · Noncompete, business sale

Last year, VLW reported a Richmond federal court decision that highlighted the difference between a noncompete in the sale of a business, versus an employment contract noncompete.
In Western Insulation LP v. Moore, U.S. District Judge James R. Spencer awarded nearly $1 million in damages to a Henrico County insulation company that alleged the business sellers, [...]

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