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What happens when a valued employee leaves the job only to set upa business in competition with the former employer?
Member rating: No Rating | Words: | Submitted: Thu Oct 16 2003
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In this paper I will shed light upon the impact of requiring employees to sign an employment agreement that they will not work competitors for a specific period of time or reveal internal company information to subsequent employers. What happens when a valued employee leaves the job only to set up a business in competition with the former employer? The New York case of DoubleClick v. Henderson1 illustrates some of the pitfalls of attempting to compete with one's employer where trade secrets and confidential information are concerned. DoubleClick, which sells advertising on the Internet, sued two of its former key employees, David Henderson Jr. and Jeffrey A. Dickey, after both decided to launch a competing business. Both Henderson and Dickey had entered into confidentiality agreements upon employment with the advertising firm of Bozell, Jacobs, Kenyon & Eckhardt Inc., which later merged with DoubleClick. Dickey also entered into an agreement that...
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