In a recent Delaware Chancery Court case, the court declined to grant a preliminary injunction to enforce a noncompetition covenant against a California resident and former employee, finding the covenant would be unenforceable under California law, despite an explicit choice of law provision in the relevant contract designating Delaware law as the governing law of the contract.  This serves as a reminder that choice of law provisions cannot save otherwise unenforceable noncompetes.  For more information, please see our Covington E-Alert on the case, which is available here.

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Photo of Ingrid Rechtin Ingrid Rechtin

Ingrid Rechtin provides strategic legal advice to public and private companies in the life sciences, technology, and fintech sectors, ranging from start-ups to global corporations.

Her experience includes:

  • joint ventures
  • mergers and acquisitions, including product divestitures
  • corporate venture capital
  • financings, including development funding

Ingrid Rechtin provides strategic legal advice to public and private companies in the life sciences, technology, and fintech sectors, ranging from start-ups to global corporations.

Her experience includes:

  • joint ventures
  • mergers and acquisitions, including product divestitures
  • corporate venture capital
  • financings, including development funding transactions
  • licensing and complex commercial transactions
  • general corporate matters.

In addition, Ms. Rechtin has advised on numerous strategic investments in IP, including:

  • acquisitions and divestitures of patent portfolios; and
  • complex patent monetization transactions.

Ms. Rechtin is also co-chair of Covington’s Fintech Initiative, and collaborates with the firm’s global, interdisciplinary team of corporate, bank regulatory, consumer protection, privacy, cybersecurity, litigation, and tech transactions attorneys to provide sophisticated counsel in all areas affecting the fintech industry, including matters involving blockchain.