Legal Question in Business Law in New Jersey
NonCompete Agreement in NJ
1 - My company was purchased several years ago. Non-compete signed before sale - did not sign a new one after the purchase. 2-Division I work for was then sold to another co. I did not go with sale and the company I stayed with is no longer in that line of business. Is my noncompete still valid in either or both situations? Can I go to what was a competitor but is no longer since we are out of that line of business (My job was eliminated and I will be layed off soon)?
3 Answers from Attorneys
Re: NonCompete Agreement in NJ
The details will matter. You are going to have to let a lawyer look at your noncompete agreement, and your employment agreement if you had one, and get some information on the corporate mergers and sales.
Please call me if you would like me to assist you. I am in Hackensack, right across from the Bergen County Courthouse.
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Re: NonCompete Agreement in NJ
The response given is right on. You need to have the document looked at in the context of all of the facts before an answer can be given.
If we can be of assistance, please let me know.
Disclaimer: Your question and any response given are not intended to create an attorney-client relationship. The response given is not intended to be relied upon by you or anyone else as it is based only on the limited information which you have provided. Other information is needed before advice can be given including facts which you have not supplied which may change the response to your question. You should consult with an attorney as soon as possible to assess your legal rights so as not to prejudice yourself.
Re: NonCompete Agreement in NJ
Just wanted to agree with the other attorneys. I suggest you call an attorney to look over all of this.
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