CALIFORNIA FAMILY LAW
...
Business Interests
......Covenant Not to Compete
9 Cards On This Topic:
Noncompetition agreements void except where authorized by statute.
Limited covenant not to compete permitted as part of sale of goodwill of business.
Covenant not to compete authorized by statute.
Covenant not to compete upheld, without payment of goodwill.
Public policy affirming one's right to engage in a business of his/her choosing does not trump family court's authority to issue ••any orders••—specifically noncompetition order—to achieve an equal division of marital property.
Court may do valuation based upon seller's giving covenant not to compete.
Court may permit spouses who jointly operated business to compete with each other using similar name.
Postseparation payments from "play or pay" contract are s/p.
Effect of covenant not to compete on valuation of business.