Breaching a Covenant Not to Compete in New Jersey

Written by Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a New Jersey Covenant Not to Compete Attorney

business-handshakeIf you sue or you’re being sued for violating a covenant not to compete or non-competition agreement, what is your exposure?  Money damages, injunctive relief, punitive damages, jail?

Damages available for the breach of a restrictive covenant and/or non-competition agreement include: money damages (also known as “compensatory damages”), accounting for profits, and liquidated damages.  Generally, punitive damages are not a realistic exposure and jail time is out of the question.

New Jersey courts may take into consideration the employee’s gain from the breach when calculating a successful damage claim.

Employees have been held liable for profits earned from competition with a “soon-to-be former employer” if those damages were gained while still employed. To learn more about monetary damages and other relief available to you when a covenant not to compete or non-competition agreement is threatened or has been breached, visit us at www.njcontractattorney.com.

Fred Niemann, Covenant Not To Compete Lawyer in New Jersey

Fred Niemann, Covenant Not To Compete Lawyer in New Jersey

Are you an employee, business owner or employer with a business law question(s) about covenants not to compete in NJ who believes he or she has suffered an enormous loss because of a breached covenant not to compete in NJ or illegal covenant not to compete restriction?

If so, contact Fredrick P. Niemann, Esq. toll-free at (855) 376-5291 or fniemann@hnlawfirm.com to schedule a consultation about your particular matter.

Our attorneys welcome your calls and inquiries and you’ll find us easy to talk to and very approachable.  Hanlon Niemann & Wright appears statewide in all 21 counties in New Jersey each week.

 

Fredrick P. Niemann, Esq. is a NJ Covenant Not to Compete Law Attorney
serving these New Jersey Counties:

Monmouth County, Ocean County, Essex County, Cape May County, Mercer County,
Middlesex County, Bergen County, Morris County, Burlington County, Union County,
Somerset County, Hudson County, Passaic County