William Wortel

BCLP

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Latest Posts › Restrictive Covenants

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Federal Court Strikes Down FTC’s Non-Compete Ban

Employers can breathe a sigh of relief as a Texas federal judge set aside the Federal Trade Commission’s (FTC) impending ban on non-compete clauses. The FTC published a final rule banning all non-compete clauses with...more

9/5/2024 / Employment Contract , Federal Bans , Federal Trade Commission (FTC) , Final Rules , Non-Compete Agreements , Preliminary Injunctions , Restrictive Covenants , Statutory Authority , Unfair Competition

Don’t panic: the long view of FTC’s proposed non-compete rule

Last week, the Federal Trade Commission (“FTC”) released a Notice of Proposed Rulemaking (the “Proposed Rule”) proposing a rule that would ban “non-compete” agreements. Finding that non-compete clauses reduce competition,...more

1/13/2023 / Contract Terms , Employment Contract , Federal Trade Commission (FTC) , FTC Act , Non-Compete Agreements , NPRM , Proposed Rules , Public Comment , Restrictive Covenants , Unfair Competition

Illinois Enacts Sweeping Reforms to Non-Compete and Non-Solicit Agreements - What All Employers Need To Know

The Illinois General Assembly has enacted sweeping changes to the Illinois Freedom to Work Act, 820 ILCS § 90, et seq. (the “Act”), which will limit the use of covenants not to compete (“non-competes”) and covenants not to...more

6/21/2021 / Corporate Counsel , Employment Contract , Freedom To Work Act , Governor Pritzker , Minimum Salary , Non-Compete Agreements , Non-Solicitation Agreements , Pending Legislation , Restrictive Covenants , Trade Secrets

Tips for Drafting Executive Employment Agreements – Tip #3 – Restrictive Covenants

This article continues with another tip for drafting executive employment agreements and the importance of consulting counsel. For every well drafted executive employment agreement in the business world, there seem to be...more

7/31/2017 / Blue Pencil Contract Modification , C-Suite Executives , Contract Drafting , Employment Contract , Non-Compete Agreements , Restrictive Covenants

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