BUS-294 Lecture Notes - Lecture 28: Exxon, Richard Epstein, Trade Secret
Document Summary
Sometimes a contract can restrict a parties freedom to work or carry on a business. Restriction of competition is not in the public interest. Clause is void unless it is reasonable, severable part may be valid. The courts have recognized sometimes there is a legitimate interest in them. Employer has a legitimate interest in preventing an employee from. Using a trade secret - forster & sons ltd v suggett (1918) Enticing customers away - home counties dairies v skilton (1970) But not from using skills acquired - herbert morris v saxelby (1916) A buyer of the business with goodwill has the legitimate interest in preventing seller using goodwill for new business. Agreement to buy certain goods or services from one supplier. The common rules which govern the employment relationship. This comes from a number of sources; The same as the majority of english law. Otto kahn-freund - the father of english employment law.