Knox Kershaw, Inc. v. Kershaw

This is the second appeal involving an action arising out of a noncompetition agreement entered into by Royce Kershaw, Jr. ("Royce, Jr.") and Knox Kershaw ("Knox") upon separating ownership of two companies, Kershaw Manufacturing Company, Inc. ("KM Co."), and Knox Kershaw, Inc. ("KK, Inc."). Knox and KK, Inc., originally filed suit in 1985 against Royce, Jr., and KM Co., seeking an injunction to enforce the noncompetition agreement, as well as monetary damages for breach of contract, an award of attorney fees, and an extension of the term of the noncompetition agreement. After a nonjury…