Legal Question in Employment Law in Nevada

After working for a small company for 3 years, they asked me to sign an Employment Agreement. Employer said it should have been signed when I first got hired. I signed it. 2 months after signing the agreement the company was sold. I decided not to work for new company and plan to open my own business, in the same field, soon. There was no "consideration" given at the time the agreement was signed or thereafter. On a scale of 1-100, what is the chance the court rules in my favor(that is to say the company goes after me)?


Asked on 3/20/10, 8:43 pm

1 Answer from Attorneys
Jeffrey Cogan Jeffrey A. Cogan, Esq., Ltd.

1, the Nevada Supreme Court says that continuing allowing you to work is valid consideration for the employment contract. You may have a claim for fraud if you can show that there was a duty for them to tell you that the business was in negotiations for sale, but I don't think so.

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Answered on 4/02/10, 10:41 am


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