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BUSINESS HALACHA DAILY - COVERING PERTINENT BUSINESS TOPICS LEARN MORE

Is a Verbal Non-Compete Binding?

Rav Shmuel Binyomin Honigwachs Question: We have spoken about the efficacy of a halachic non-compete. Would it be less enforceable if it was only agreed to verbally, without any documentation? Answer: As we have stated, non-competes rely on the concept…

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Halachic Non-Compete Vs. Legal Non-Compete

Rav Shmuel Binyomin Honigwachs Question: Is there a benefit to having a halachic non-compete document over a standard legal one? Answer: One of most sensitive documents from a halachic perspective is a non-compete agreement. There are two reasons for that.…

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