Peat Marwick Main & Co. v. Haass
Texas Supreme Court
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
- DeSantis v. Wackenhut Corp.Texas Supreme Court · 1990
- Weatherford Oil Tool Company v. CampbellTexas Supreme Court · 1960
- Hill v. Mobile Auto Trim, Inc.Texas Supreme Court · 1987
- Singer v. Habif, Arogeti & Wynne, P.C.Supreme Court of Georgia · 1982
- Seach v. Richards, Dieterle & Co.Indiana Court of Appeals · 1982
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- Young v. VegaSupreme Court of Puerto Rico · 1994
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