A party violating the terms of a contract may be issued a cease and desist letter or order. In thehedge fundsector, for example, employees are usually required to sign anon-compete agreement. This means that if employees leave the company, they cannot take proprietary materials or clients of ...
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Even if action is demanded or “required” by the sender, cease and desist letters arenot summons and complaints. The sender may threaten to file litigation if a response is not received, but the letter does not mean a lawsuit has been filed. Instead, the letter is a warning of sorts. ...