While 2024 saw more stability in the financial markets than 2023, many challenges arose in 2024 for franchised businesses, manufacturers and retail chains, including bankruptcies of many large restaurant and retail chains,...more
2/18/2025
/ Acquisitions ,
Bankruptcy Court ,
Chapter 11 ,
Corporate Restructuring ,
Franchise Agreements ,
Franchisee ,
Franchises ,
Franchisors ,
Mergers ,
Misclassification ,
Non-Compete Agreements ,
Private Equity ,
Regulatory Requirements ,
Retailers ,
Supply Chain
On July 12, 2024, the FTC released several statements and a News Release as its first response to comments collected in response to the March 2023 Franchise Request for Information (RFI). These actions are part of the FTC’s...more
As explained in Polsinelli’s prior alert of April 24, 2024, the FTC announced its final rule on non-compete covenants (the “Rule”) on April 23, 2024.
Critically, the Rule does not prohibit non-compete agreements between...more
4/30/2024
/ Competition ,
Employer Liability Issues ,
Employment Contract ,
Federal Trade Commission (FTC) ,
Franchisee ,
Franchises ,
Franchisors ,
Intellectual Property Protection ,
Labor Reform ,
Non-Compete Agreements ,
Restrictive Covenants