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Text File  |  1993-01-24  |  1.5 KB  |  41 lines
  1. Newsgroups: misc.legal
  2. Path: sparky!uunet!charon.amdahl.com!pacbell.com!ames!agate!usenet.ins.cwru.edu!gatech!news.ans.net!cmcl2!panix!lkk
  3. From: lkk@panix.com (Larry Kolodney)
  4. Subject: Re: executive orders
  5. Message-ID: <C1DGIn.71K@panix.com>
  6. Organization: The Devil's Advocate
  7. References: <1993Jan24.060929.11298@athena.mit.edu> <1993Jan24.071407.2582@midway.uchicago.edu>
  8. Distribution: usa
  9. Date: Sun, 24 Jan 1993 18:54:23 GMT
  10. Lines: 29
  11.  
  12.  
  13. >In article <1993Jan24.060929.11298@athena.mit.edu> jfc@athena.mit.edu (John F Carr) writes:
  14. >>    1. "ethics rules" for his advisors prohibiting them from lobbying
  15. >>    for 5 years after leaving government.
  16. >>
  17. >>When corporations try this, the courts don't allow it.
  18.  
  19. "Covenants not to compete" are quite commonly given by key employees
  20. of companies which would be seriously damaged if said employee
  21. went to work for a competitor.  Courts generally limit the scope of
  22. such covenants geographically and temporaly, so that they are
  23. reasonably related to the legitimate goal of preventing  such
  24. employees from taking advantage of their former employer.
  25.  
  26.  
  27.  
  28.   Does Clinton have
  29. >>the authority to indefinitely restrict former employees from working in a
  30. >>certain field?  (He said 5 years, but how is that legally different from 50
  31. >>years, or forever?)  What's the punishment for violating this rule?
  32.  
  33. If the employees sign an agreement, presumably its an enforceable
  34. contract.
  35.  
  36. -- 
  37. larry kolodney:(lkk@panix.com) 
  38. _(*#&)#*&%)@(*^%_!*&%^!)*&#+!*&$+!?&%+!*&^_)*&#%)*&^%#+&
  39. The past is not dead, it's not even past.   - Wm. Faulkner
  40.  
  41.