On May 24, 2012, the Supreme Court of Ohio handed down the merit decision in Acordia of Ohio L.L.C v. Fischel. The high court held that a non-compete agreement signed by employees of a company that changes form or is merged out of existence passes by operation of law to the new company, but because
Merger
Court Grants Reconsideration in Acordia LLC v. Fishel.
Update: On October 11, 2012, the Supreme Court of Ohio reversed its original decision in this case. Read the analysis of the new merit decision here.
On July 25, 2012, the Supreme Court of Ohio granted reconsideration in the case of Acordia of Ohio, LLC. v. Fishel. Previously, the high court had held in the…
Merit Decision. Does a Non-Competition Agreement Pass to a Successor Company in a Merger As If It Were a Party to the Original Agreement? Acordia LLC v. Fishel
Update: On July 25, 2012, the Court, by a vote of 6-1, granted reconsideration in this case. No additional briefing has been ordered at this time. Read more about this ruling here. On October 11, 2012, the Court issued its new merit decision, reversing the earlier one. Read the analysis of Acordia II here.
On…
What’s On Their Minds: Does a Corporate Merger Trigger a Termination of Employment and Start the Running of a Non-Competition Agreement Employees Signed with a Predecessor Corporation that is Merged out of Existence? Acordia of Ohio, LLC v. Fishel, et al.
Further Update: On July 25, 2012, the Court, by a vote of 6-1, granted reconsideration in this case. On October 11, 2012, the Court issued its new merit decision, reversing the earlier one. Read the analysis of Acordia II here.
Update: The merit decision in this case was handed down May 24, 2012. Read the…
Oral Argument Preview: Does a Corporate Merger Trigger a Termination of Employment and Start the Running of a Non-Competition Agreement Employees Signed with a Predecessor Corporation that is Merged out of Existence? Acordia of Ohio, LLC v. Fishel, et al.
Further Update: On July 25, 2012, the Court, by a vote of 6-1, granted reconsideration in this case. On October 11, 2012, the Court issued its new merit decision, reversing the earlier one. Read the analysis of Acordia II here.
Update: The merit decision in this case was handed down May 24, 2012. Read…