Legal Opinion

Peat Marwick Main & Co. v. Haass

Texas Supreme Court

Decided December 11, 1991No. C-9128PublishedCited by 111 opinions

1Opinion of the Court

OPINION

GAMMAGE, Justice.

This is a contract construction case involving a merger agreement between two accounting firms and the contractual damages provision for a departing partner who takes clients from the firm. The court of appeals held one damages provision was an unenforceable restraint on trade but the other provision was enforceable. 775 S.W.2d 698. We hold that a damages provision affecting the right to render personal services operates as a restraint of trade and must be judged by the reasonableness standards for covenants not to compete, and that the sole relevant contractual…

2Cases cited25 opinions

  1. DeSantis v. Wackenhut Corp.Texas Supreme Court · 1990
  2. Weatherford Oil Tool Company v. CampbellTexas Supreme Court · 1960
  3. Hill v. Mobile Auto Trim, Inc.Texas Supreme Court · 1987
  4. Singer v. Habif, Arogeti & Wynne, P.C.Supreme Court of Georgia · 1982
  5. Seach v. Richards, Dieterle & Co.Indiana Court of Appeals · 1982

20 more not listed; retrieve them via the Exa API.

3Cited by111 opinions

  1. Alex Sheshunoff Management Services, L.P. v. JohnsonTexas Supreme Court · 2006
  2. BDO Seidman v. HirshbergNew York Court of Appeals · 1999
  3. Marsh USA Inc. v. CookTexas Supreme Court · 2011
  4. Rimkus Consulting Group, Inc. v. CammarataDistrict Court, S.D. Texas · 2010
  5. Young v. VegaSupreme Court of Puerto Rico · 1994

106 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API