4 Things to Consider When Entering Into a Non-Compete in Connection with the Sale of Your Business
If you enter into a transaction to sell your business, you will inevitably be asked to enter into a covenant not to compete....
If you enter into a transaction to sell your business, you will inevitably be asked to enter into a covenant not to compete. This post is not intended to comment on the legality or enforceability of non-competes (although this raises the critical point that having legal counsel and an investment banker with deep experience in transactions is a must), instead, it will comment on a number of economic issues surrounding non-competes.
If you enter into a transaction to sell your business, you will inevitably be asked to enter into a covenant not to compete....
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