Barnaby Grzaslewicz

Barnaby Grzaslewicz

Morris James LLP

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Court of Chancery Finds Employee’s Restrictive Covenants Unenforceable for Lack of Consideration

N. Am. Fire Ultimate Holdings, LP v. Doorly, C.A. No. 2024-0023-KSJM (Del. Ch. Mar. 7, 2025) - A contract requires consideration to be enforceable. In this case, the Court of Chancery held restrictive covenants were...more

8/21/2025  /  Breach of Contract , Contract Disputes , Contract Terms , Employment Contract , Employment Litigation , Former Employee , Non-Compete Agreements , Restrictive Covenants , Termination , Unenforceable Contract Terms

Chancery Rejects Attempt to Disguise Breach of Fiduciary Duty Claim Where LLC Agreement Waived All Traditional Fiduciary Duties

Delaware permits the elimination of fiduciary duties in limited liability company agreements. Notwithstanding, and just like in any other contract, parties to a limited liability company agreement are still subject to the...more

5/27/2025  /  Breach of Contract , Business Litigation , Contract Disputes , Delaware , Fiduciary Duty , Limited Liability Company (LLC) , LLC Agreements , Mergers , Motion to Dismiss , Private Equity
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