Electronic Data Systems Corp came away from the Fairfax Count Court in Virginia very happy last week after it was granted a permanent injunction against Ross Perot, its founder and former chairman, and to drive home the point, said it intended to pursue further legal action against some former EDS executives who left the company to join Perot’s new firm: the injunction prevents Perot from engaging in, or even contemplating any for-profit business before December 1 this year, enjoins him from soliciting, negotiating for, entering into, or performing any contract or other business relationship before that dat that contemplates or calls for any profitable return at any point in time, and also entered a final judgement rejecting Perot’s contention that he had special rights to hire EDS employees indefinitely – he may only hire those who were working for EDS before December 1 1986, and may hire no-one after December 1 1991; the question of whether Perot has violated an earlier court order not to compete except on a not-for-profit basis will be decided later.
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