{"id":5546,"date":"2023-04-25T16:12:36","date_gmt":"2023-04-25T20:12:36","guid":{"rendered":"https:\/\/www.zeilikmanlaw.com\/?page_id=5546"},"modified":"2023-04-25T19:04:25","modified_gmt":"2023-04-25T23:04:25","slug":"restrictive-covenants","status":"publish","type":"page","link":"https:\/\/www.zeilikmanlaw.com\/business-disputes\/restrictive-covenants\/","title":{"rendered":"Restrictive Covenants"},"content":{"rendered":"\t\t
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A covenant is a promise to either take or refrain from taking a specific action. A restrictive covenant concerns duties or restrictions upon an individual or a some other legal entity such as a partnership or a corporation. In the business and employment context this usually refers to the non-competition and non-solicitation covenants.<\/p>

Employers use restrictive covenants to protect their interests and remain competitive against employees who may be looking to branch-off and use insider knowledge to gain an edge.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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When the matter involves the sale of a business, the vendor would usually be expected to enter into a restrictive covenant to assure the purchaser that the former would not solicit its old clientele or open a competing business within a certain distance from the old place of business.<\/p>

By having the vendor effectively make a legally binding promise that they will not compete against the purchaser or approach the clients of the purchaser \u2013 that purchaser is able to protect his or her business, at least for a time.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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How can Zeilikman Law help?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Zeilikman Law is a litigation firm and dispute resolution is our passion. We represent individuals and small and mid-size businesses that are involved in complex commercial and business disputes and are in need of help. Our practice is dedicated to legal representation in a broad range of business and commercial problems. Call us any time at 905-417-2227<\/a> or contact us by submitting an online request<\/a>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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A covenant is a promise to either take or refrain from taking a specific action. A restrictive covenant concerns duties or restrictions upon an individual or a some other legal entity such as a partnership or a corporation. In the business and employment context this usually refers to the non-competition and non-solicitation covenants. Employers use […]<\/p>\n","protected":false},"author":2,"featured_media":4036,"parent":5538,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_theme","meta":{"footnotes":""},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/pages\/5546"}],"collection":[{"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/comments?post=5546"}],"version-history":[{"count":7,"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/pages\/5546\/revisions"}],"predecessor-version":[{"id":5556,"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/pages\/5546\/revisions\/5556"}],"up":[{"embeddable":true,"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/pages\/5538"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/media\/4036"}],"wp:attachment":[{"href":"https:\/\/www.zeilikmanlaw.com\/wp-json\/wp\/v2\/media?parent=5546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}