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Non-Compete Agreements › Business Ownership

Non-Compete Agreements are contracts, typically formed in employment or business purchase contexts, where one party agrees to refrain from engaging in a particular line of work or pursuing business within a... more +
Non-Compete Agreements are contracts, typically formed in employment or business purchase contexts, where one party agrees to refrain from engaging in a particular line of work or pursuing business within a certain industry or locale. The purpose of these agreements is to protect employers or business purchasers from competition stemming from former employees or former owners of a business. less -
Bradley Arant Boult Cummings LLP

New Healthcare Practitioner Non-Compete Provisions Effective September 1, 2025

Bradley Arant Boult Cummings LLP on

On June 20, 2025, Texas enacted SB 1318, modifying the criteria for enforceable healthcare practitioner non-competes in the Texas Business and Commerce Code. The modifications (1) limit the scope of enforceable physician...more

Stinson LLP

Newly Enacted Florida State Laws Affecting Business Owners

Stinson LLP on

2025 Florida Legislative Update - Florida has recently enacted a number of important business and tax provisions that materially affect many Florida businesses and their owners....more

Shook, Hardy & Bacon L.L.P.

Colorado Clarifies Limits on Noncompetes in Business Sale Arrangements

Shook, Hardy & Bacon L.L.P. on

By statutory law, Colorado has generally prohibited restrictive agreements except for specific exemptions. More recent legislation provides greater clarity and specificity as it relates to restrictions on noncompetition...more

Venable LLP

Oregon Adds Sweeping Restrictions to the Corporate Practice of Medicine Prohibition

Venable LLP on

On June 9, 2025, Oregon Governor Tina Kotek signed S.B. 951 into law (the "Bill"), which significantly limits a common "PC/MSO" model allowing management services organizations (MSO) to provide administrative services to a...more

Blank Rome LLP

Oregon Opens New Front in Battle Over Corporate Practice of Medicine

Blank Rome LLP on

The Oregon Senate opened a new front in the battle over corporate control of medical decisions with the passage of Senate Bill 951, representing yet another jurisdiction to restrict corporate control of medical...more

Nossaman LLP

Corporate Divorce – Preventing and Managing the Break-Up of a Business Partnership

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In this episode, Kimberly Kamkar is joined by corporate law partners Patrick Richard, Anna Tang and Doug Schwartz to explore the complexities of business "break-ups." They discuss essential practices for future planning, the...more

Sheppard Mullin Richter & Hampton LLP

California Court of Appeal Rules That Partial Sale of Business Can Bind Seller-Owner to a Noncompetition Agreement

Sheppard Mullin Richter & Hampton LLP on

In Samuelian v. Life Generations Healthcare, LLC, — Cal. App. 5th —, 2024 WL 3878448 (Cal. App. Aug. 20, 2024), the California Court of Appeal answered two long outstanding questions of California law concerning the...more

Adams & Reese

Employer-Employee Considerations and Tips for Veteran Business Owners

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“People don’t do what you expect, but what you inspect.” – Louis V. Gerstner Jr., former CEO of IBM. Gerstner’s quote is often repeated in the military and in business. It is a proactive strategy leaders can implement to...more

Hendershot Cowart P.C.

The Basics Of Shareholder Agreements

Hendershot Cowart P.C. on

You've set your business up with the Secretary of State. Now it's time to look inward and say, what do we need to properly run this business? Having governance documents in place, such as a shareholder agreement, is...more

Bradley Arant Boult Cummings LLP

Beware the Empty Chair in Marital Divorce Negotiations: Company Ownership Issues Should Be Considered in Divorce Settlements

Bradley Arant Boult Cummings LLP on

Divorcing spouses often have a number of business issues to resolve, but one key aspect that is often overlooked takes place when divorce settlements involve the division of an ownership interest in a private company. ...more

McCarter & English, LLP

M&A: How to Maximize Your Return When Selling Your Business

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As a family or private business owner, you know how to sell your product or service. But do you know how to sell the company itself? Selling a business that has been built over the years is emotional and stressful, and for...more

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