April 06, 2005
11th Circuit strikes down noncompete
The 11th Circuit has upheld an executive's right to escape a noncompete agreement he signed while working for insurance giant Marsh & McLennan Companies Inc. In affirming the district court's declaratory judgment that the agreement was unenforceable under Georgia law, the panel effectively rendered the agreement unenforceable around the country. That part of the decision is particularly important, say attorneys, because Georgia's noncompete law is one of the toughest on employers.
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