Last week, the U.S. Federal Trade Commission issued a rule banning provisions in employment contracts that forbid employees to work for a competitor after they quit or are fired. Within hours, a Texas ...
Robert Schofield, Whiteman Osterman & Hanna ALBANY — The Federal Trade Commission last week made it a lot easier in theory for certain employees to switch jobs within the same industry, but the ...
Non-compete clauses are a thing of the past thanks to a new ruling from the Federal Trade Commission (FTC). The FTC issued a rule to ban non-compete clauses for employees, according to a release from ...
When Bruce Linton, the co-CEO Canopy Growth -- the world’s largest cannabis company -- was forced out this summer, his departure raised the profile of a common business contract used extensively in ...
The Federal Trade Commission (FTC) voted 3-2 on April 23 to issue its final noncompete rule. The Rule becomes effective in 120 days. However, it already has been challenged in federal court in the ...
On April 23, 2024, the Federal Trade Commission (FTC) voted to issue a Non-Compete Clause Rule that would ban most non-compete clauses in agreements between businesses and their “workers.” The final ...
California’s new restrictions on non-compete agreements, which took effect on January 1 in the form of two separate statutes, prohibit employers from entering into or enforcing non-compete agreements ...
Arisa Chattasa Photo via Unsplash. Goodbye, non-competes. The U.S. Federal Trade Commission today released its final rules addressing non-compete clauses by banning all future agreements. Non-competes ...
Physicians and health systems have long had competing interests over non-compete agreements. The agreements, typically as part of a hiring contract, ensure that doctors can't begin working for a ...
The Federal Trade Commission’s ban on non-compete contract clauses may not be a seismic shock to the wealth management space but would principally affect advisors in the bank and wirehouse world as ...
A former Hightower advisor is suing the firm, alleging that the non-compete agreement he signed is so sweeping that it’s restricting his ability to gain further employment. Darren Reinig, a resident ...