The Federal Trade Commission’s (“FTC”) efforts to ban non-compete agreements was significantly curtailed when a federal judge in Texas, on August 20, 2024, issued a nationwide injunction, finding the FTC’s ban on non-compete...more
On April 23, 2024, in a three-to-two public vote, a divided Federal Trade Commission (FTC) upheld a final rule on the proposed ban to render non-compete clauses unenforceable in the United States. In reaching its decision,...more
Covenants restricting competitive activity often appear in employment contracts or in agreements related to the sale of a business. At their heart, these covenants are intended to protect the business goodwill of an...more