Martin LLP is a trusted advisor to regional and national clients on corporate, litigation, and real estate matters. As a sophisticated law practice, we are particularly valued for our relationships with growth companies and their private equity and venture capital investors. With a proactive approach, we partner with our clients, anticipating their needs and providing practical advice focused on maximizing the value of their business opportunities.


  

September 2016
This is a special edition of our newsletter focused on non-competition agreements and their use and perceived misuse by legislators.
 
Growth Companies
CompBetterTo Compete Better, States Are Trying To Curb Non-Competes 
The New York Times
An estimated 30 million Americans are bound by non-compete agreements. Now a number of states are looking to untangle workers from these agreements.  

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ScrutinyRestrictive Covenants: A New Level of Scrutiny
Martin LLP
 
Recent national attention to the issue of non-competition covenants has once again highlighted the question of what criteria are necessary for a court to enforce restrictions on former employees in their ability to engage in competitive activities. In light of current developments, this article discusses some of the requirements for creating a reasonable and enforceable non-competition covenantRead the full article here:

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NYDismantlesNew York Dismantles Company's Non-Compete Policy In Warning To Employers
Fortune
New York's Attorney General recently denounced employer abuses of non-compete agreements.
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Private Equity
PEAcquisitionRestrictive Covenants: Potential Impact on Private Equity Acquisitions
Martin LLP
As state legislatures in a growing number of states have adopted or are considering adopting legislation with respect to restrictive covenants, a private equity sponsor and its counsel considering a portfolio acquisition need to assess the potential impact of statutory limitations on restrictive covenants. This article discusses the statutory landscape in the U.S. and identifies some of the questions that should be addressed in any analysis of the enforceability of restrictive covenants in the context of a private equity acquisition.
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MLLPNewsMartin LLP News
SubwaySUBWAY® Acquires Assets from Avanti Commerce, Inc.
Martin LLP is pleased to announce that its client, SUBWAY®, the world's largest sandwich chain, has acquired technology assets and a team of employees from Avanti Commerce, Inc., a Vancouver based online commerce solution provider. Martin LLP served as lead outside legal counsel to SUBWAY® in connection with the acquisition, which will be an important addition to the recently launched SUBWAY® Digital division.  To view the full press release, click here:  
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RoundtableExecutive Roundtable: How To Prepare For A Capital Raise
Please join Martin LLP on October 25th for our breakfast panel discussion on the inner workings of preparing for a capital raise. Our panel will focus on raising debt and equity capital for privately held companies. Please click here for more information and to register:
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