Last week, the Delaware Chancery Court in Ascension Insurance Holdings, LLC v. Underwood refused to grant injunctive relief to a Delaware company seeking to enforce a non-compete agreement against a California resident. In that case, Mr. Underwood, a California resident, participated in a sale of business assets and their associated goodwill to the Delaware company. … Continue Reading
As previously reported here, employers in China must consider several costs when making employment termination decisions. In addition to severance pay as previously noted, employers should consider: accrued but unused statutory vacation days as well as compensation for non-compete obligations. Accrued But Unused Statutory Vacation Days In China, employers are required to pay daily salary … Continue Reading
