ATTENTION CALIFORNIA EMPLOYERS: STOP THE PRESSES! FTC’S NON-COMPETE BAN HALTED WITH NATIONWIDE EFFECT
As we previously explained HERE, on July 3, 2024, a Texas federal court in Ryan LLC v. FTC issued a preliminary injunction that temporarily blocked the Federal Trade Commission (“FTC”) from enforcing its Final Rule banning most non-competition agreements with workers – but only as to the specific plaintiffs in that case. On August 20, 2024, the Ryan court issued its […]
ATTENTION EMPLOYERS: STOP THE PRESSES! FTC’S NON-COMPETE BAN HALTED WITH NATIONWIDE EFFECT
As we previously explained HERE, a Texas federal court in Ryan LLC v. FTC issued a preliminary injunction last month that temporarily blocked the Federal Trade Commission (“FTC”) from enforcing its Final Rule banning most non-competition agreements with workers – but only as to the specific plaintiffs in that case. On August 20, 2024, the Ryan court issued its ruling on […]
ATTENTION CALIFORNIA EMPLOYERS: FTC FINAL RULE BANNING NON-COMPETES PUT ON HOLD BY TEXAS FEDERAL DISTRICT COURT
As we discussed on April 24, 2024 HERE and April 26, 2024 HERE, the Federal Trade Commission (“FTC”) approved a Final Rule banning most non-competition agreements with workers nationwide. The Final Rule was immediately challenged in several federal district courts. On July 3, 2024, a Texas federal court issued a preliminary injunction that temporarily blocks […]
ATTENTION EMPLOYERS: FTC FINAL RULE BANNING NON-COMPETES PUT ON HOLD BY TEXAS FEDERAL DISTRICT COURT
As we discussed on April 24, 2024 HERE and April 26, 2024 HERE, the Federal Trade Commission (“FTC”) approved a Final Rule banning most non-competition agreements with workers nationwide. The Final Rule was immediately challenged in several federal district courts. On July 3, 2024, a Texas federal court issued a preliminary injunction that temporarily blocks […]
(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 […]