(CALIFORNIA) ATTENTION EMPLOYERS: FTC Approves Final Rule Prohibiting Employee Non-Competition Agreements
After a year-long wait and review of over 26,000 comments from the public, on April 23, 2024, the Federal Trade Commission (“FTC”) held an open meeting to vote on whether to issue a final rule that would prohibit the making and enforcement of non-compete provisions for most employees. During the meeting, the FTC enacted the […]
ATTENTION EMPLOYERS: FTC Approves Final Rule Prohibiting Employee Non-Competition Agreements
After a year-long wait and review of over 26,000 comments from the public, on April 23, 2024, the Federal Trade Commission (“FTC”) held an open meeting to vote on whether to issue a final rule that would prohibit the making and enforcement of non-compete provisions for most employees. During the meeting, the FTC enacted the […]
ATTENTION EMPLOYERS: GOVERNOR HOCHUL VETOES NEW YORK NONCOMPETE BILL
On December 22, 2023, New York Governor Kathy Hochul vetoed Senate Bill S3100A, which broadly prohibited employee non-compete agreements. As discussed in more detail HERE and HERE, the bill was passed by both legislative houses in June 2023. The bill, which was similar to California’s Business and Professions Code Sec. 16600, was criticized by Governor Hochul […]
Recent NJ Federal Case Highlights Importance of Well-Drafted Confidentiality/Non-Disclosure Agreements and Restrictive Covenants
A New Jersey federal court recently denied an employer’s request for injunctive relief requiring its former President to turn over allegedly misappropriated confidential information and for an order prohibiting him from soliciting its customers and operating a competing business. The court’s opinion in Ho-Ho-Kus, Inc. v. Steven Sucharski, Case No. 2:23-cv-01677 highlights the need for […]