Supreme Court of Florida
CORP. EXPRESS OFFICE PRODS., INC. v. PHILLIPS, SC01-2741
In contrast to an asset purchase, neither a 100 percent purchase of corporate stock nor a corporate merger affects the enforceability of non-compete agreements, thus by operation of law a surviving corporation in a merger assumes the right to enforce those agreements entered into with an employee of the merged corporation.
Appellate Information
- Decided 04/17/2003
- Published 04/17/2003
Judges
- PARIENTE, J.
Court
- Supreme Court of Florida
Counsel
- For Appellant:
- Allan H. Weitzman and Sarah A. Mindes of Proskauer Rose LLP, Boca Raton, FL, for Petitioner.
- For Appellees:
- Keith F. White and Kimberly Doud of Broad and Cassel, Orlando, FL, for Respondents.