Wednesday, April 14, 2010
Texas Supreme Court to Review Key Non-Compete Issue (Marsh USA v. Cook)
Last year, I wrote a not-too-flattering piece on a Texas case where the appellate court in Dallas held that a grant of stock options does not constitute sufficient consideration for an employee non-compete agreement. The ruling was ridiculous.
The Texas Supreme Court has now agreed to hear an appeal in this case. Say what you will for Texas. The case law sucks for anyone with half a brain to try and make sense of, but at least the Supreme Court actually takes these cases on. In Illinois, the Supreme Court acts like this area of law doesn't exist.
I will continue to follow the Marsh case and opine on what I'm sure will be a reversal.