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Texas enacts Uniform Trade Secrets Act

USA - June 13 2013 The Texas Uniform Trade Secrets Act ("TUTSA") was recently signed into law and will take effect on September 1, 2013. TUTSA primarily codifies…

Co-authors: Brian M. Jorgensen, Robert W. Kantner .

Stock options now valid consideration for noncompete agreements in Texas

USA - July 27 2011 On June 24, 2011, the Texas Supreme Court in Marsh USA, Inc. v. Cook further restricted the ability of employees seeking to dodge noncompete restrictions in agreements with their employers by allowing stock options to serve as the consideration supporting the agreement.

Co-authors: Mark D. Temple, Brian M. Jorgensen, Matthew W. Ray.