Posts in Non-Compete.
In breaking news that will surprise … absolutely no one, a federal judge ruled yesterday that the FTC overstepped its authority when it issued a sweeping national ban on non-compete agreements. The decision came out of Texas – aka the state where all federal rules go to die. The judge wrote: “In sum, the Court concludes that the FTC lacks ...
On January 5, 2023, the Federal Trade Commission (FTC) announced a proposed rule to ban all non-compete clauses in employment contracts. The rule would ban employers from using such clauses going forward, but would also allow employees with existing non-competes to rescind, or cancel, those clauses.
The proposal comes after the FTC found ...