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Federal Trade Commission (FTC) CEOs Restrictive Covenants

Balch & Bingham LLP

Federal Trade Commission Votes To Ban Non-Compete Clauses, Immediately Sued

Balch & Bingham LLP on

On April 23, the Federal Trade Commission voted 3-2 to publish its new rule, 29 C.F.R. Part 910, banning almost all non-compete clauses with workers. The rule will take effect 120 days after formal publication in the Federal...more

Rivkin Radler LLP

FTC Issues New Rule to Abolish Non-Compete Agreements UPDATED April 2024

Rivkin Radler LLP on

On Tuesday, April 23, the Federal Trade Commission (FTC) issued a final rule designed to promote competition and new business formation that, when effective, will impose a nationwide ban on non-compete agreements across all...more

Dunlap Bennett & Ludwig PLLC

FTC Issues Rule Banning Employee Non-Compete Agreements

On April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 in favor of issuing a final rule that will essentially ban employers’ use of non-compete agreements in the workplace. Although the FTC’s non-compete rule isn’t...more

Holland & Knight LLP

FTC Bans Non-Competes: Takeaways and Action Items for Healthcare Provider CEOs and Investors

Holland & Knight LLP on

The Federal Trade Commission (FTC) issued a new rule on April 23, 2024, banning new non-compete agreements in all employment contexts. The highly anticipated rule has been summarized by our Holland & Knight colleagues. (See...more

Cozen O'Connor

FTC Issues Final Rule Banning Employee Noncompete Agreements

Cozen O'Connor on

This issue was first discussed in our January 9, 2023 Client Alert when the Federal Trade Commission (FTC) issued its Proposed Rule Banning Noncompetes. The FTC has now issued its Final Rule on April 23, 2024. As predicted,...more

Hahn Loeser & Parks LLP

The Federal Trade Commission Issues Rule Banning Most Non-Competes

On April 23, 2024, the Federal Trade Commission voted 3-2 to issue a final rule that bans most worker noncompete agreements. See Fed. Trade Comm’n, Non-Compete Clause Rule, RIN2084-AB74 (Apr. 23, 2024). The final rule, which...more

McCarter & English, LLP

Yes, the FTC Did Just (Try to) Ban Non-Compete Agreements. For Now.

On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) issued a final rule banning nearly all non-compete agreements effective 120 days from the rule’s formal publication. The move, or something like it, has been...more

Procopio, Cory, Hargreaves & Savitch LLP

FTC Seeks to Restrict Non-Compete Agreements

In a move that, if allowed to go into effect, could force companies across the United States to tear up existing contracts, the U.S. Federal Trade Commission (“FTC”) approved a Final Rule April 23, 2024, effectively barring...more

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

Wiley Rein LLP

Federal Trade Commission Issues Final Rule Banning Most Non-Competes: What You Should Know

Wiley Rein LLP on

WHAT HAPPENED: On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) issued the Non-Compete Clause Rule (the “final rule” or the “rule”), which effectively bans the use and enforcement of non-compete agreements with...more

Whiteford

Employment Law Update: The Federal Trade Commission Implements A Comprehensive Non-Compete Ban

Whiteford on

On April 23, 2024, the Federal Trade Commission (FTC) issued a Final Rule that bans most existing non-compete agreements once the Rule becomes effective, which currently is estimated to be September 10, 2024. Points...more

Jackson Lewis P.C.

Federal Trade Commission’s Sweeping Final Rule to Ban Non-Competes: What You Need to Know

Jackson Lewis P.C. on

On April 23, 2024, the Federal Trade Commission (FTC) issued its final rule prohibiting all non-compete agreements for all employees at all levels, with only extremely limited exceptions. The FTC’s much-anticipated action...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

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board - Spring 2023

Changing CEOs is one of the most critical decisions any board faces. In this issue of The Informed Board, we offer tips on how to avoid the mistakes we most often see. We also explain the problems companies could face if the...more

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