News & Analysis as of

Federal Bans CEOs Employment Contract

Cole Schotz

No More Non-Competes?

Cole Schotz on

On Tuesday, April 23rd, the Federal Trade Commission issued a rule banning all new and many existing employer and employee non-competition restrictions nationwide, subject to very limited exceptions (the “Rule”). The Rule...more

Stevens & Lee

The FTC’s Final Rule – A Sweeping Ban on Noncompetes

Stevens & Lee on

The Federal Trade Commission yesterday held an open meeting at which it voted to finalize and promulgate its long-anticipated rule that effectively bans noncompetes nationwide subject to only a few exceptions. The rule will...more

Levenfeld Pearlstein, LLC

Key Takeaways from the FTC’s Non-Compete Ban

Tuesday, April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 to implement a new rule banning non-compete agreements for most U.S. workers. Specifically, the new rule prohibits employers from entering into or...more

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