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Articles Posted in Business & Corporate Law

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Indiana Business Law – Non-Compete Agreement: Former Employer Has Protectable Interest in Customer Goodwill; Proper Measure of Damages for Breach of Non-Compete Agreement is Lost Net Profits as Liquidated Damage Clause was Unenforceable

This past May, the Indiana Court of Appeals ruled on a breach of a non-compete agreement case addressing whether a former employee’s covenant not to compete with his past employer was enforceable under Indiana law and determined the proper measure of damages for a breach of this agreement. Coffman, an…

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IS A REDUCTION IN MY BUSINESS DUE TO A GOVERNMENTAL HIGHWAY PROJECT COMPENSABLE?

Recently, the Indiana Supreme Court decided that a business that loses customer traffic due to a State highway expansion project is not entitled to compensation.1 In State of Indiana v. Kimco of Evansville, Inc., the State took, by eminent domain, a strip of land in front of a shopping center…

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