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Virginia Non-Solicitation Agreement

A Virginia non-solicitation agreement is a contract between an employer and an employee that intends to prevent employees from soliciting their former employer’s customers after concluding their period of employment with that employer. The agreement is intended to protect the employer’s investment into his or her business. Legally Enforceable in Virginia? Yes, non-solicitation agreements are legally…

Virginia Partnership Agreement

A Virginia partnership agreement is a legally binding document that breaks down the management structure of a partnership. It usually conveys dissolution, ownership interests, dispute resolution, liabilities, and duration. The agreement must be meticulous to curtail disagreements in the future. Partnership Types General Partnerships (GP) – Title 50, Chapter 2.1 (§§ 73.1-73.78) Limited Partnership (LP)…

Virginia Postnuptial Agreement

A Virginia postnuptial agreement determines how a married couple will distribute the marital property if their marriage ends in divorce or death. Postnuptial agreements are beneficial in case of divorce because they take precedence over the default rules for property division. Unlike prenuptial agreements (“prenups”), which are signed before marriage, postnuptial agreements are signed after a couple…