Restrictive covenants in the context of modern employment provide for various employer protections; most frequently, protection against noncompetition with the former employer’s business, nonsolicitation of its clients or employees and use of the former employer’s proprietary information.
Employers rely on these provisions not only to protect trade secrets and client relationships, but to protect the return on their substantial investments in employee training.
Read the full New York Law Journal article, "Commercial division update: Limitations on restrictive covenant enforceability."
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As many companies operating in California know, since 2008, California has required that gift cards with a value of less than US$10 be redeemable for cash upon the card holder’s request.
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