As a result of the instability in the financial markets generally and at financial institutions in particular, the financial services industry has experienced significant turnover in 2008. The below chartrecently found in the New York Times reflects that the financial services industry has experienced more layoffs than any other industry.
Because of the importance of relationships between brokers … Continue Reading
By James McNairy & Robert Milligan
A new Ninth Circuit case, Asset Marketing Systems, Inc. v. Gagnon, 2008 WL 4138181 (Sept. 9, 2008), acknowledges (at least in dicta) that there is a trade secrets exception to Business and Professions Code Section 16600.
In the case, Gagnon, an independent contractor who developed computer programs for AMS, a field marketing organization, alleged, … Continue Reading
This morning (September 24, 2008), Rep. Kevin Levitas and Sen. Judson Hill from the Georgia Legislature convened the first meeting of a legislative study committee reviewing the law of Georgia with respect to restrictive covenants in employment and business relationships. The House Committee is chaired by Representative Kevin Levitas, and includes the following members: Representative Tim Bearden; Representative Butch Parrish; Representative Richard … Continue Reading