Following a statewide ban on employment non-compete agreements that went into effect in 2023, a new Minnesota law that took effect on July 1, 2024, has expanded the state’s limitations on restrictive employment covenants, now...more
12/17/2024
/ Effective Date ,
Governor Walz ,
Health Care Providers ,
Healthcare Facilities ,
Management Agreements ,
New Legislation ,
Non-Solicitation Agreements ,
Professional Services Contract ,
Restrictive Covenants ,
Staffing Agencies ,
Third-Party Service Provider
As covered in an earlier client alert by our firm, The Federal Trade Commission (FTC)’s final Non-Complete Clause Rule—if it survives legal challenges and becomes effective—would ban most post-employment non-compete...more
4/29/2024
/ Common Carriers ,
Contract Terms ,
Corporate Executives ,
Employment Contract ,
Exempt-Employees ,
Exemptions ,
Federal Trade Commission (FTC) ,
Final Rules ,
FTC Act ,
Highly Compensated Employees ,
IRS ,
Jurisdiction ,
Non-Compete Agreements ,
Nonprofits ,
Restrictive Covenants ,
Tax Exempt Entities
The Federal Trade Commission (“FTC”) voted and approved the issuance of a final rule, the Non-Compete Clause Rule, that, if it goes into effect, will make future employment non-compete agreements unenforceable and will...more
4/24/2024
/ Biden Administration ,
Confidential Information ,
Contract Terms ,
Effective Date ,
Employment Contract ,
Executive Orders ,
Federal Trade Commission (FTC) ,
Non-Compete Agreements ,
Restrictive Covenants ,
Unenforceable Contract Terms ,
Unfair Competition