There are several legal challenges to the Federal Trade Commission’s (FTC) ban on noncompete clauses in employment agreements. There have been multiple lawsuits in varying federal district courts that seek to delay or...more
10/7/2024
/ Arbitrary and Capricious ,
Chevron Deference ,
Employment Contract ,
Federal Bans ,
Federal Trade Commission (FTC) ,
Final Rules ,
Loper Bright Enterprises v Raimondo ,
Non-Compete Agreements ,
Pending Litigation ,
Restrictive Covenants ,
Statutory Authority
On May 7, 2024, the Federal Trade Commission (“FTC”) published its Noncompete Clause Rule (the “Final Rule”) in the Federal Register. It is set to go into effect on September 4, 2024. On that date, with little exception,...more
State laws governing noncompete clauses in employment agreements have been in place for years. But the Federal Trade Commission’s (FTC) new rule that effectively bans those clauses will certainly have an impact on existing...more