MFA files amicus brief on the scope of the Cantor Fitzgerald opinion to Del. Supreme Court

MFA and SIFMA filed an amicus brief on the scope of the Cantor Fitzgerald, L.P. v. Ainslie opinion with the Delaware Supreme Court on Friday. The brief explains that the Court’s ruling in the Cantor Fitzgerald case about forfeiture-for-competition agreements applies the employee choice doctrine broadly in the context of both partnership agreements and employment agreements. It encourages the Delaware State Supreme Court to confirm the scope of the employee choice doctrine in response to the Seventh Circuit Court of Appeals’ certified question.