Preventing Unfair Competition for Cyber Company After Employees Left
Miles & Stockbridge successfully resolved a matter involving four former employees who left to set up a competing business. Despite the absence of any non-compete or non-disclosure agreement, we successfully negotiated an agreement whereby the former employees agreed to refrain from working on any projects in competition with the client. We were able to resolve the matter before having to file suit. This case was very important because the client did not have its employees sign restrictive covenant agreements, and thus had left itself open to exactly the scenario that presented itself. The client was fearful that if these employees left others could follow and it could be harmed in the competitive marketplace. We fashioned creative arguments that brought the former employees to the bargaining table. The matter was resolved after a 14-plus hour mediation.
Corporate and GovCon Practices Close Sale of Cybersecurity Firm
Members of our Corporate, Securities & Tax Practice Group and our Government Contracts Practice Group recently represented Proteus Technologies Inc. in a sale to Arlington Capital Partners. Proteus Technologies is a software and systems engineering solutions firm supporting the intelligence community, with respect to its cybersecurity and signals intelligence needs.
General Representation of an Aerospace Engineering Company
General representation in connection with stock ownership and establishment of an ESOP for an aerospace engineering company serving the Federal government that specializes in space systems, weapons systems and advanced technologies.
Sale of Agency Consulting Group, Inc., a provider of highly technical solutions for cloud computing analytics, critical systems infrastructure and specialized mission solutions in support of the National Security Agency (NSA), to Vistronix, LLC.
Sale of Wavefront Technologies, Inc., a specialized engineering services firm that provides systems and network engineering, software development and analytical services for cyber and mission-focused programs within the Intelligence Community, to Ball Aerospace & Technologies Corp., a subsidiary of Ball Corporation (NYSE: BLL).
Served as Court appointed officer to sell the stock of a company engaged in the business of systems engineering, integration and communication in the intelligence and defense industry.
The Restructuring of Ownership and Financing for a Government Contractor
The restructuring of ownership and financing, and the establishment of an Employee Stock Ownership Plan for a government contractor involved in the information technology business.
This website does not track your personal or demographic information, only anonymous usage statistics. To ensure that you are not tracked, we have blocked all embedded content from third party sources like YouTube and SlideShare. Click "Accept Cookies" to enable third-party content. To learn more about our cookie policy, click here.