It’s time for spring cleaning — out with the old; in with the new. Let’s clear out the legal closet; we’ll make room for new developments and send outdated theories out with the trash.
First up is a key point in Texas noncompete law. On April 9, the Texas Supreme Court announced it would decide whether money can constitute consideration for a noncompete. It granted a petition for review in Marsh USA, Inc., et al. v. Cook , in which the 5th Court of Appeals in Dallas had held that stock options given to an executive were insufficient consideration for a noncompete and that only confidential information cuts the mustard.
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