[DOWNLOAD] "Commonwealth Life Insurance Co. v. Neal" by Fifth Circuit United States Court Of Appeals ~ eBook PDF Kindle ePub Free
eBook details
- Title: Commonwealth Life Insurance Co. v. Neal
- Author : Fifth Circuit United States Court Of Appeals
- Release Date : January 05, 1982
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 69 KB
Description
Plaintiff Commonwealth Life Insurance Company (""Commonwealth"") appeals from the district court's, 521 F. Supp. 812, denial of a preliminary injunction restraining a former employee, defendant Francis Craig Neal, from soliciting Commonwealth policyholders. Having determined that the district court did not abuse its discretion in denying the injunction, we affirm. The basic facts are not in dispute. Neal was employed in 1968 by First National Life Insurance Company as an insurance salesman handling primarily ""industrial"" or burial insurance. In 1971, First National merged with Commonwealth. Neal and all other First National salesmen who wished to remain as employees were required to execute an employment contract which provided, inter alia, that upon termination of the employer/employee relationship:
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