Legal Question in Business Law in Pennsylvania

Starting New Company

I am on the board of one company. It is not moving forward and the other members are doing nothing. I am thinking of leaving and starting a similar business with a partner. Could the board members of the old company take me to court for any reason. I never signed a noncompete.


Asked on 4/15/07, 9:40 am

2 Answers from Attorneys
John Jackson Law Office of John A. Jackson, P.C.

Re: Starting New Company

They may be able to take you to court but it is not clear if they will succeed.

Read more
Answered on 4/15/07, 10:01 am
Daniel Cevallos Cevallos & Wong, LLP

Re: Starting New Company

If you did not sign a noncompete, under the facts as you have recited them, there seems to be no barrier against leaving and starting your own company. Be certain that you sever ALL ties with the former company so that you do not violate any of your duties as a board member.

Daniel Cevallos

Law Offices of Daniel L. Cevallos, PC

1420 Locust Street, Suite 24Q

Philadelphia, PA

19102

[email protected]

Read more
Answered on 4/15/07, 10:02 am


Related Questions & Answers

More Business Law questions and answers in Pennsylvania