Paul J. Greco has over 20 years of experience in representing clients in complex litigation. His practice focuses on the protection of intellectual property rights and related business interests arising out of employment relationships. Paul handles restrictive covenant disputes, trade secret litigation, computer fraud and abuse matters, and unfair competition claims in several different industries. Paul also works closely with his clients to counsel and train them on effective practices for the protection of customer relationships, intellectual property, confidential information and trade secrets, and investments in professional development. Paul serves as co-chair of the Trade Secrets and Restrictive Covenants practice group.
Paul's experience includes:
- Secured the amicable resolution and voluntary dismissal of restrictive covenant claims asserted by a medical device company against one of its former top sales representatives. The case was chosen as one of “The Top 15 Spine & Orthopedic Device News Stories of 2013” by an industry publication.
- Served as national restrictive covenant counsel for a medical device manufacturer, both prosecuting and defending restrictive covenant litigation for the company around the country. As restrictive covenant counsel, also created a procedure for the client to use to evaluate the restrictive covenant obligations of lateral candidates for employment. Trained regional managers on how to recruit and employ new hires consistent with their legal restrictions in order to minimize both the risks and incidence of litigation arising out of competitive hires.
- Won both injunctive relief and $1.5 million in damages for an insurance brokerage company in a lawsuit to enforce the company’s restrictive covenants against a departing sales brokerage team.
- Enforced a non-competition covenant against a departing medical device sales consultant who joined a competitor.
- Obtained an injunction, recovered damages and secured the reimbursement of attorneys’ fees for the client.
- Defended a team of futures traders against a claim that they had misappropriated a trading strategy which had generated over $25 million dollars in profits for their former employer. Proved that the trading strategy was not a trade secret and also established the rule in Pennsylvania that disgorgement is not available as a remedy for an alleged breach of a non-competition covenant.
- Represented an emerging growth company who had hired a sales representative from the national market leader in a restrictive covenant lawsuit. Implemented a strategy that convinced the former employer to dismiss the lawsuit voluntarily, to narrow and shorten the restrictive covenants in issue and to institute a hiring protocol with the client to help avoid future disputes.
- Defended chief executive officer of a pharmaceutical manufacturing company against various tort and contract claims following his termination. Prosecuted a motion to dismiss on venue grounds, leading plaintiffs to voluntarily withdraw all claims asserted against the client.
- Defended a Fortune 500 Company in an action brought by an employee who claimed several million dollars in damages for an alleged invasion of his privacy during an internal corporate investigation. Persuaded the trial court to enter judgment in client’s favor, defended the result on appeal and established new law that such claims are preempted by Pennsylvania Workers Compensation Act.
- Represented the largest health insurer in southeastern Pennsylvania in all of its civil litigation matters, including in disputes with providers, the Pennsylvania Insurance Department, competing insurers and subscribers. Among the matters handled, enforced most-favored nation pricing clauses in contracts with regional health systems. The client’s CEO awarded its general counsel a “Gold Medal” for the successful results because of the importance of such clauses to the company’s business strategy.
- Engaged by a group of major corporations to defend a toxic tort lawsuit alleging property damages attributable to a Superfund site. Obtained summary judgment on behalf of all defendants and established the principle that New Jersey’s statute of limitations is not tolled while the defendants’ identities are unknown.
- Served as co-trial counsel for a community hospital in a dispute with a major regional health system that had aquired it and enforced a clause in the merger agreement which required the system to make $75 MM in capital investments.
In addition to his litigation practice, Paul is an active writer and speaker on a wide range of topics, including best restrictive covenant practices, electronic crime in the workplace, and the effective use of alternative dispute resolution proceedings.
Paul is a certified arbitrator and chairperson for the Financial Industry Regulatory Authority (FINRA) Dispute Resolution Program. He is also a certified arbitrator for the Philadelphia County Court of Common Pleas Compulsory Arbitration Program. Paul is listed in Commercial Litigation category of both The Best Lawyers in America© and Super Lawyers lists.
Columbia Law School, J.D., 1989, Harlan Fiske Scholar
The Wharton School of the University of Pennsylvania, B.S., 1986, magna cum laude, Economics
- U.S. District Court for the Eastern District of Pennsylvania
- U.S. District Court for the District of Colorado
- U.S. Court of Appeals for the Third Circuit
- U.S. District Court for the Middle District of Pennsylvania
Philadelphia Bar Association
American Bar Association
FINRA Dispute Resolution Program