Delaware Chancery Court issued a preliminary injunction against NexGen Outfitters, an outdoor retailer started in Sidney, NE, by four former Cabela’s executives, prohibiting them from soliciting former CAB vendors, employees or customers. Bass Pro accused the four of stealing company secrets, working on the new business before leaving Cabela’s and violating the terms of their severance. Since NexGen was built around the extensive supplier contacts of the founders and an ample supply of experienced staff left behind in Sidney by Cabela’s, the injunction effectively stops NexGen in its tracks.
The defendants had all signed proprietary matters agreements that included non-solicitation and ... Log in to view full article.