Friedman v. Lasco, 2016 MT 115 (May 17, 2016) (Wheat, J.) (5-0, aff’d)
Issue: Whether the district court abused its discretion in granting the Friedmans’ application for a preliminary injunction.
Short Answer: No.
Facts: Lascos owned Spirit Quest Archery, Inc., a professional retail archery business in Kalispell. In April 2013, they executed a buy-sell with Friedmans for the store. Friedmans paid Lascos more than $600,000 for the business, business assets, and real estate.
At the time of the sale, Lascos told Friedman they would no longer be involved in the archery business, as they intended to pursue a legal career. Lascos entered into a covenant not to compete that was incorporated into and attached to the buy-sell. It prohibited Lascos from owning an archery business that provides archery services or archery related sales, or being affiliated with any other archery sale or services provider within a 100-mile radius of the purchased property for a period of five years.…