Tuesday, January 27, 2009

IBM/Papermaster Settle Non-Compete Suit


As with most lawsuits, the previously discussed IBM/Mark Papermaster lawsuit has settled.

Papermaster will not go to work with Apple until April and must certify to IBM he is not using any of its trade-secrets in the course and scope of his employment. Bottom-line, most non-compete cases are resolved after an injunction hearing (like this case) and after a significant amount of attorneys' fees are expended by both sides.