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New York Supreme Court Denies "Employee Raid" Injunction |
August 20, 2008
Previously published on August 8, 2008
In a recent unpublished opinion, GFI Securities LLC v. Tradition Asiel Securities Inc., et al., New York State Supreme Court Justice Richard B. Lowe denied the request of an inter-dealer brokerage firm for a preliminary injunction that would have prevented a competitor from hiring eighteen former employees and forbidden the employees from violating the restrictive covenants in their employment agreements.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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