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The other thing is that any contract is only enforceable in court. Even if everything is perfectly within the normal parameters of a contract, only a court can
by ams6110 8y ago
The other thing is that any contract is only enforceable in court. Even if everything is perfectly within the normal parameters of a contract, only a court can actually enforce it.
Some people sign contracts, and then do not fulfill the terms, betting that the other party will not take them to court.
I was once asked to sign a non-compete when my employer was going out of business. I had to sign it to get the severance package. It was quite broadly worded, and could have been interpreted as preventing me from doing any software development for a period of two years. I did sign, because who was ever going to enforce it?
- notacoward 8y agoSounds like a risky strategy TBH. On the one hand, you saved the trouble/expense of going to court right then and there to get the severance package. On the other hand, going out of business doesn't always mean there's no successor with standing to sue on their behalf, and the kind of people who pick up shuttered companies' assets at pennies on the dollar are often exactly the kind of people who might engage in a little legal greymail.