Business and Financial Services
Non-Competes in Virginia Civil Settlement Agreements
Virginia courts generally give greater deference to non-competition agreements arising from arm’s-length business transactions than to those imposed in employment relationships. In this Bean, Kinney & Korman article published in the BKK Business Law Newsletter, James V. Irving explains that civil settlement agreements may fall into that more favorable category because the parties are presumed to have relatively equal bargaining power. The article notes that Virginia courts are more likely to…
November 1, 2011