non compete clause

[xelab4]

I sold my Texas business in Nov 99. As part of a signed contract I agreed not to compete within 30 Miles and 3 years. The L.L.C. I sold my business to sold the business to another party in sept 2000.

My question; The covenent not to compete is it now void or not?

 

[Tracey]

Depends on the contract. Was it binding on the assigns of the LLC? If you really want to get back in to the business, pay an attorney a few hundred for an opinion letter saying whether you can or can't start up the business.

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This is not legal advice and you are not my client. Double check everything with your own attorney and your state's laws. [email protected] - please include some facts so I know who you are!