News & Analysis as of

Compliance Dates Restrictive Covenants Employment Contract

Parker Poe Adams & Bernstein LLP

What Physicians and Their Practices Need to Know About FTC's Noncompete Ban

On April 23, the Federal Trade Commission (FTC) approved a long-anticipated final rule that will effectively ban the use of noncompete clauses by employers, with a few limited exceptions....more

Parker Poe Adams & Bernstein LLP

Noncompetes in the Crosshairs: Takeaways From Minnesota's New Law

The ban on Minnesota noncompetes went live July 1, 2023, and employers who require employees to sign illegal noncompetes can be liable for attorneys' fees necessary in getting a court to nullify the restriction and/or enjoin...more

Lathrop GPM

Minnesota Non-compete Ban Signed into Law

Lathrop GPM on

On May 24, 2023, Governor Walz signed off on Minnesota legislation prohibiting employers from entering into non-compete agreements with employees or independent contractors. How will this new law affect your business? What...more

Benesch

Minnesota set to ban Noncompete Agreements on July 1st - What Companies Need to Know (and do)

Benesch on

In a lightning-fast move, the Minnesota Legislature just passed a bill that voids all future covenants not to compete, with limited exceptions for agreements entered into in connection with the sale or dissolution of a...more

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