Are You Buying a Business or a Battle?
Friday, February 26, 2010 at 04:24PM 
The local newspaper had a story Friday morning about former executives starting a new business that will compete with their former employer. Good for them! This is good news unless of course you are the party that just purchased the business that until recently employed these managers.
I know nothing about the purchase of the business, the resignation of the individuals or the launch of the new business. The legal implications of matters such as this are very fact specific. Without commenting on the current situation, there are lessons here for any potential purchaser of a business.
If you are purchasing a business, there are at least five ways you can avoid the loss of key employees that go on to compete with you. But first, let’s consider two questions.





















