Paul J. Greco
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Paul J. Greco

Counsel

Philadelphia, PA
 
 
 
  • 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 MM 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.
  • Successfully defended a team of futures traders against a claim that they had misappropriated a trading strategy which had generated over $25 MM 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.
  • 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.
  • 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.
  • Successfully 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, successfully 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.
  • Served as co-trial counsel for a community hospital in a dispute with a major regional health system that had acquired it and enforced a clause in the merger agreement which required the system to make $75 MM in capital investments.