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Ohio Supreme Court recognizes “error,” allows successor entities in a merger to enforce noncompete agreements
- Vorys Sater Seymour and Pease LLP
- -
- USA
- -
- October 24 2012
The Ohio Supreme Court recently held that its decision in Acordia of Ohio, L.L.C. v. Fishel, (Ohio June 2012) (Acordia I), was "erroneous" to the extent the decision provided that noncompete agreements are only enforceable after a merger if the agreements contain "successors and assigns" language
Ohio Supreme Court limits enforcement of non-compete agreements by successor entities in a merger
- Vorys Sater Seymour and Pease LLP
- -
- USA
- -
- June 14 2012
In Acordia of Ohio, LLC v. Fishel, the Ohio Supreme Court recently held that in a merger non-compete agreements transfer as a matter of law to the successor entity; however, such agreements are only enforceable according to their specific terms
New labor rules announced for employers involved in mergers and acquisitions
- Vorys Sater Seymour and Pease LLP
- -
- USA
- -
- September 9 2011
A business that purchases or merges with a company whose employees are represented by a union must navigate a labor law minefield
Supreme Court of Ohio rejects triangular veil piercing
- Vorys Sater Seymour and Pease LLP
- -
- USA
- -
- April 7 2009
On March 25, the Supreme Court of Ohio reversed a lower court that had permitted a plaintiff to pierce a corporate entity’s veil to reach the assets of a sister corporation
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- Firm Name - Vorys Sater Seymour and Pease LLP
- Workarea - Litigation
- Workarea - Corporate Finance/M&A