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Legally the biggest issues are non-competes and IP/trade secret laws. These vary jurisdiction to jurisdiction, but at least within the US are usually part of an
by twunde 4y ago
Legally the biggest issues are non-competes and IP/trade secret laws. These vary jurisdiction to jurisdiction, but at least within the US are usually part of any severance agreements. Pretty much every member of the team who tried to rebuild it would have some risk of being sued and the company could be sued as well.
- deleted 4y ago[deleted]
- bipbip4242 4y agoWhole team is in France. Non compete are hard to enforce there. They are time and geo bound. You must keep paying majority of the compensation as long as non-compete is in place. Can check details here (in french ) https://www.service-public.fr/particuliers/vosdroits/F1910#:~:text=La%20clause%20de%20non%2Dconcurrence,ou%20%C3%A0%20son%20propre%20compte https://www.service-public.fr/particuliers/vosdroits/F1910#:....
- twunde 4y agoThanks for adding that detail. I wasn't sure how much France and the US varied. On a sidenote, I'm constantly amazed by how well my C+ high school french has held up. I can read and understand 90% of this.