Earlier this year, on April 23, 2024, the Federal Trade Commission (the “FTC”) issued a final rule (the “Final Rule”) barring nearly all non-competition provisions for most workers in the United States. The Final Rule is set...more
On May 16, 2023, the Minnesota legislature passed SF 3035 (the “Bill”), banning nearly all post-termination non-compete agreements with employees and independent contractors. Although the Bill marks another state in the trend...more
On March 16, 2023, the Delaware Chancery Court in Intertek Testing Services NA, Inc. v. Eastman found a sale-of-business non-compete was overbroad, given its worldwide geographic scope, and refused to modify it to make it...more
With a potential recession looming and a growing number of companies announcing significant layoffs almost daily, employers are increasingly considering reductions in force (RIFs) to weather the financial uncertainty in the...more
2/14/2023
/ Collective Bargaining Agreements (CBA) ,
Disparate Impact ,
Documentation ,
Employer Liability Issues ,
Layoffs ,
Privileged Communication ,
Reduction of Force ,
Risk Assessment ,
Separation Agreement ,
Severance Agreements ,
Wage and Hour ,
WARN Act
Continuing the ongoing trend of states placing restrictions on employee non-competes, on May 10, 2022, the Colorado General Assembly passed a bill amending C.R.S. § 8-2-113 (the “Amendment”) and adding significant limitations...more
5/18/2022
/ Choice-of-Law ,
Choice-of-Venue ,
Colorado ,
Confidentiality Agreements ,
Employer Liability Issues ,
Governor Polis ,
Highly Compensated Employees ,
New Hires ,
Non-Compete Agreements ,
Non-Solicitation Agreements ,
Notice Requirements
In recent years, more consumers, merchants, and financial institutions have accepted cryptocurrency as a form of payment for everyday products and services. Last November, mayors of two major U.S. cities signaled what may be...more