Monthly Archives: October 2014

Houston Court of Appeals Extends Drennen to an Suit for Injunctive Relief to Enforce a Non-Compete

On August 29, 2014, the Texas Supreme Court issued its decision in Exxon Corp. v. Drennen, holding that New York law governed the enforceability of a non-compete in the context of the forfeiture of an employee’s stock options.  The Texas Supreme Court held that, when the only penalty is the forfeiture of stock options, the… Read More »