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Non compete

South Carolina |

a non compete was signed for a company that has now changed their business name-is the contract still valid?

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Attorney answers 2

Posted

Unless there is something unique in South Carolina law or there is am uncommon clause in the agreement, a name change would not render the non-compete invalid.

Posted

Just to add to the above answer, normally when there is a name change or a change in the corporate status of a company, there is also an agreement that all the rights, goods, etc of the old company are transferred to the new company. You shoul d, however, consult a qualified employment lawyer in your area to see if the non-compete is enforceable and valid. There are many issues with these types of agreements and sometimes they are contrary to public policy and can be avoided.

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