New England Biz Law Update

In the context of enforcing non-competition agreements and other restrictive employment covenants, Massachusetts courts have struggled with the question: “whose goodwill is it, anyway?” The results have not always proven consistent.

The Massachusetts Supreme Judicial Court recently overturned a court-ordered buy-out of a minority shareholder’s interest in a closely held business, saying it was not an appropriate remedy for a “freeze-out” by the controlling shareholder group. The trial court’s equitable “buy-out” ...