A Louisiana federal district court denied First Horizon Corporation’s preliminary injunction motion seeking to prevent a former executive vice president and regional manager and DMMS Holdings LLC from recruiting employees, on claims of bad faith breach of contract under Louisiana Civil Code Article 1997 and violation of the Louisiana Unfair Trade Practices Act, ruling that the grant notices containing financial awards did not create an enforceable non-solicitation obligation but merely provided for forfeiture of awards if solicitation occurred.
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