FEDERAL NON-COMPETE LEGISLATION UPDATE

By Shamim Mohandessi and Michael A. Herbst

Seyfarth Synopsis: Last week on April 23, 2024, the FTC adopted a final rule that would effectively ban non-compete agreements in the context of employment relationships when the rule becomes effective on September 4, 2024, absent a stay or injunctive relief.  The rule would render unenforceable a broad array of employment-based non-competition agreements. 

Continue Reading Looking Past the Headlines, the Impact of the FTC’s Ban on Non-Competes in M&A, Private Equity and Venture Capital

By Jesse M. ColemanDaniel P. Hart, and Eron Reid

On April 23, 2024, the Federal Trade Commission (FTC) voted in a 3 to 2 decision along party lines to adopt its Final Non-Compete Clause Rule (“Noncompete Rule”) banning post-employment non-compete clauses between employers and their workers. The Noncompete Rule is scheduled for publication in the Federal Register on

Continue Reading Analysis of FTC Non-Compete Ban Legal Challenges: Does the Ban Pass Constitutional Muster? (And Other Issues)

By Robert B. MilliganKatherine PerrelliMichael WexlerKevin MahoneyJesse M. Coleman , and Dawn Mertineit 

Seyfarth Synopsis: This week, the FTC voted to adopt a proposed final rule banning most non-competes with workers in the United States. The final rule provides that it is an unfair method of competition—and therefore a violation

Continue Reading FTC Approves Rule Banning Non-Competes With Workers

By Robert B. MilliganDawn MertineitDaniel P. Hart, and Marcus Mintz

Seyfarth Synopsis: We invite you to watch our highly anticipated webinar, where Seyfarth Shaw LLP’s leading attorneys in non-compete law skillfully guide you through the intricacies of non-compete agreements in the United States, focusing on the latest updates in 2023. This essential webinar provides

Continue Reading Webinar Recap! What Employers Need to Know Regarding Non-Compete Changes in 2023