Hagerty, Lockenvitz, Ginzkey & Associates v. Ginzkey

Mr. PRESIDING JUSTICE MILLS

delivered the opinion of the court:

A covenant not to “compete.”

Enforced below; $7,313.72 in damages.

We reverse.

Robert Ginzkey (the defendant) was found to have breached a covenant not to compete which was contained in an agreement he entered into with the plaintiff corporation upon the conclusion of his relationship with that corporation. Prior to the agreement, defendant was a co-founder, officer, director, shareholder, and employee of the plaintiff corporation. He was ordered to pay $7,313.72 in damages, such sum representing the corporation’s lost profits.

The…