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Senior Managers Restrictive Covenants

Balch & Bingham LLP

Non-Compete Contracts: Legally Undead

Balch & Bingham LLP on

Contracts restraining competition by former employees and contractors have always faced enforcement headwinds, differing state-by-state in their strength and direction. California is most hostile; there, a statute purports to...more

Greenbaum, Rowe, Smith & Davis LLP

An Overview of the Federal Trade Commission’s Final Rule Banning Non-Compete Clauses

On April 23, 2024, the Federal Trade Commission (FTC), in a 3-2 vote, approved in final form its rule banning non-compete clauses in most instances. The rule is scheduled to become effective 120 days after its publication in...more

Constangy, Brooks, Smith & Prophete, LLP

FTC votes to ban most employment-related noncompetes

Yesterday, the Federal Trade Commission voted 3-2 to issue a Final Rule banning virtually all noncompetition agreements between employers and employees. Employers may enforce pre-existing noncompetes with “senior executives”...more

Paul Hastings LLP

FTC Announces Expansive and Unprecedented Non-compete Ban

Paul Hastings LLP on

On April 23, 2024, the Federal Trade Commission (FTC) adopted a Non‑Compete Clause Rule (the “Rule”) prohibiting most employee non‑compete agreements as unfair methods of competition by a vote of 3 to 2. The Rule is a...more

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