Ed Bertholet & Associates, Inc. v. Ed Stefanko case brief
summary
690 N.E.2d 361 (1998)
CASE FACTS
The employer and employee entered into an agreement that included a covenant not to compete that provided for an injunction in the event of a breach of the covenant. The employee voluntarily left the employer's company and began working for a local competitor.
DISCUSSION
CONCLUSION
The court affirmed the judgment in favor of the employee.
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690 N.E.2d 361 (1998)
CASE SYNOPSIS
Appellant employer sought review of the
judgment of the Laporte Superior Court (Indiana), which denied his
petition for a preliminary injunction as to his appellee employee.CASE FACTS
The employer and employee entered into an agreement that included a covenant not to compete that provided for an injunction in the event of a breach of the covenant. The employee voluntarily left the employer's company and began working for a local competitor.
DISCUSSION
- The court affirmed the trial court's denial of the employer's petition for a preliminary injunction.
- The employer failed to explain how the harm was irreparable.
- The employer failed to show that its remedies at law would be inadequate.
- The employment contract contained a liquidated damages provision that required the employee to pay the employer 15 percent of any bonds he wrote while in violation of the covenant not to compete.
- The court held that the agreement set an adequate monetary remedy in the liquidated damages provision.
CONCLUSION
The court affirmed the judgment in favor of the employee.
Recommended Supplements and Study Aids for Property Law
Shop for Law School Course Materials.
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