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CO Supreme Court Overturns Lucht’s Concrete – Non-Compete Agreements (Partly) Safe Again

On May 31, 2011 the Colorado Supreme Court reversed the Court of Appeals decision in Lucht’s Concrete Pumping, Inc. v. Horner.  As we reported last year, the Colorado Court of Appeals ruled that continued employment is not sufficient consideration to support a non-compete agreement, invalidating a common business practice.  In 2001, Lucht’s Concrete Pumping hired [...]

By | 2016-12-21T05:19:59+00:00 June 3rd, 2011|Uncategorized|Comments Off on CO Supreme Court Overturns Lucht’s Concrete – Non-Compete Agreements (Partly) Safe Again

Delaware Supreme Court Extends Fiduciary Duties to Company Officers

In Gantler v. Stephens, C.A No. 2392, 2009 WL188828 (Del. Jan. 27, 2009), the Delaware Supreme Court held that officers of Delaware corporations owe the same fiduciary duties of care and loyalty to the company and its shareholders as directors owe.  Prior Delaware court decisions have implied that officers might have the same fiduciary duties [...]

By | 2016-12-21T05:22:55+00:00 March 1st, 2009|Uncategorized|Comments Off on Delaware Supreme Court Extends Fiduciary Duties to Company Officers