In this special 150th podcast episode, Michael Schmidt is joined by his Cozen O'Connor colleagues David Barron and Jim Gale to discuss what is left of the FTC noncompete rule, if anything, and what employers should be doing...more
We first discussed the Federal Trade Commission’s (FTC) Proposed Rule banning noncompete agreements in our January 9, 2023, Client Alert, and again on April 25, 2024, when the FTC issued its Final Rule. The effective date of...more
This issue was first discussed in our January 9, 2023 Client Alert when the Federal Trade Commission (FTC) issued its Proposed Rule Banning Noncompetes. The FTC has now issued its Final Rule on April 23, 2024. As predicted,...more
Protecting your trade secrets and proprietary information is a vital part of your business. Every company needs to have policies and agreements in place to prevent employees from stealing property, and wrongfully soliciting...more
8/9/2018
/ Confidentiality Agreements ,
Employee Handbooks ,
Employment Contract ,
Employment Policies ,
Hiring & Firing ,
Intellectual Property Protection ,
Misappropriation ,
Non-Compete Agreements ,
Proprietary Information ,
Restrictive Covenants ,
Risk Management ,
Trade Secrets
The enforceability of employee restrictions on competition has traditionally been up the states, with some, like California, largely banning such agreements, while others, like Texas, allowing them with reasonable...more
In many industries, it is common to pay incentives in the form of restricted stock options payable in the future if certain conditions are satisfied. In Exxon-Mobil v. Drennen, decided on August 29, 2014, the Texas Supreme...more