By Eron Reid and Jesse M. Coleman
On October 4, 2024, Plaintiff ATS Tree Services, LLC (“ATS”) voluntarily dismissed its claims against the FTC challenging the agency’s Non-Compete Rule. See ATS Tree Services, LLC v. Fed. Trade Comm’n, et al., No. 2:24-CV-01743-KBH (E.D. Pa. July 23, 2024). The dismissal ends the case before a decision on the merits, preventing
Continue Reading Pennsylvania Plaintiff Drops Challenge to FTC Non-Compete Rule
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 Robert B. Milligan, Katherine Perrelli, Michael Wexler, Kevin Mahoney, Jesse 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