Chester, SC asked in Business Law and Mergers & Acquisitions for South Carolina

Q: Would my side business be a conflict of interest with my employer?

My employer makes money through business partnerships and monetizing articles. I want to start a side business using the same monetization methods, but my business would serve a different industry (Ex. - Employer serves the real estate sector- My business would serve the the fashion & beauty sectors). Would it be a conflict of interest to use the same monetization methods yet serve different sectors?

1 Lawyer Answer
Tim Akpinar
Tim Akpinar
Answered

A: Your question might not easily lend itself to a simple "yes" or "no" answer. It's possible two different attorneys could argue two different sides of the coin here, where one points out that your areas of concentration are different. Another could say that the basic pursuit of the employer's fundamental business model, even in another area, creates a conflict. One way to look at it is whether you think the employer might sue you, fire you, or do nothing and give you their blessing. It's difficult to offer a clear answer here. A different attorney might be able to offer you a different viewpoint. Good luck

Tim Akpinar

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.