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Georgia Courts Cannot Toll Duration of Noncompete Agreement

Since the Georgia Restrictive Covenants Act, there has been some level of uncertainty regarding the extent to which a court may blue pencil or modify an otherwise unenforceable covenant, including whether a court may extend the restrictions period of a noncompete agreement. ....

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Intel's New CEO Gives its Turnaround a Fighting Chance


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Intel Corp. now has a fighting chance. After a series of stumbles in recent years, the storied chip giant has found a new leader with the expertise it needs to spark a turnaround. Early Wednesday, the company said its board had appointed Pat Gelsinger, the current head of VMware Inc., as its next chief executive officer, effective Feb. 15.
The leadership change comes at a critical time. Intel has lagged behind its chief rivals on the back of repeated delays in moving to newer semiconductor production techniques, allowing Asian manufacturers such as Taiwan Semiconductor Manufacturing Co. to surpass it in its ability to make higher-performing chips. Intel’s troubles have spurred activist investor Third Point LLC’s Dan Loeb to get involved. Last month, in a letter to Intel Chairman Omar Ishrak, Loeb criticized the performance of the company’s management team and said attracting new leaders with engineering talent was its “most urgent task.” ....

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