On Petition to Transfer from the Indiana Court of Appeals, No. 55A01-0305-CV-173
SHEPARD, Chief Justice.
The founders and owners of an ongoing business took in new investors and formed a successor corporation. They agreed to stay on for three years and not to compete for two years after that. We hold that such promises not to compete should be enforced on a more liberal basis than the skeptical one courts use regarding contracts between employer and employee...
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