5/29/24 - Insights
On April 23, 2024, the FTC announced its final Rule banning non-compete clauses for most workers as unfair competition under federal law. This final Rule has already been challenged in two district courts in Texas. But even if it does not go into force across the entire country, individual states may decide to follow suit, becoming less hospitable to non-compete clauses currently held to be enforceable under state law. Senior counsel Brandon Winchester and associate Fraser Holmes outline key considerations—and potential solutions—for businesses seeking to minimize damage to their operations.
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