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In a ruling of first impression in the area of employment law, New York's Appellate Division, 2nd Department has thrown out a $600,000 jury award won by an employee of a financial company who started his own business with a potential client of the firm. The ruling marks the first time the court has compared how the law of damages applies to employees who breach the duty of loyalty versus those who violate non-compete agreements.
January 02, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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