Magee v. Brown

1 Citing case

  1. In re Spradlin

    274 B.R. 701 (Bankr. E.D. Mich. 2002)   Cited 1 times

    See Hubbard, 27 Mich. at 19 (indicating that a promise not to compete could be valid if designed "for the protection of the legitimate interests of the party in whose favor it is imposed" (emphasis added)); Boggs, 115 Mich.App. at 739, 321 N.W.2d 794 ("[A] covenant not to compete ... could be lawful if ... necessary to protect the covenantee in the enjoyment of the legitimate benefits of the contract." (emphasis added)); cf. Magee v. Brown, 347 Mich. 638, 644, 81 N.W.2d 413 (1957) ("[A] seller is not allowed to derogate from his own sale.").         The Creditors do not quarrel with the proposition that goodwill is an important consideration in this context.