Friedman Kaplan Attorneys Publish Article on Delaware Decision Striking Down Restrictive Covenants

The Hedge Fund Law Report has published an article written by Friedman Kaplan attorneys Lance J. Gotko, Asaf Reindel, and Yaara Shchori-Ben Harush describing a recent Delaware Chancery Court decision (Ainslie v. Cantor Fitzgerald, L.P.) in which the Court found unenforceable non-competition and non-solicitation covenants contained in a partnership agreement. The article discusses the key holdings of the decision as well as practical considerations for fund managers.

The full text of the article can be accessed below.

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• Hedge Fund Law Report - Delaware Chancery Court Strikes Down Employee Restrictive Covenants in a Partnership Agreement