Imagine paying millions to acquire a company only to later discover the restrictive covenants in the employment agreements of high-level executives were unenforceable. That’s precisely what happened ...
On January 5, 2023, the Federal Trade Commission (FTC) proposed a sweeping new rule which, if enacted in its draft form, would ban virtually all non-competition agreements (non-competes), including ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Non-compete clauses in employment agreements typically prevent former employees from working for a competitor of the former employer for a specific period of time in a designated geographical area.
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Exactly how hard is it for a next-gen advisor unhappy with their firm to pack up and move elsewhere, clients in tow? It depends, and more than one would think. Employment contracts vary wildly among ...
Tata Trusts moves to amend Bai Hirabai Trust deed, proposes changes to trustee eligibility rules. Tata Trusts on Sunday announced that trustees of the Bai Hirabai Jamsetji Tata Navsari Charitable ...
Pete is managing shareholder of the firm’s Chicago office. He counsels employers on a wide variety of workplace challenges, including protecting trade secrets and other valuable information and ...
The fact that hairdressers feature highly on the list of professions frequently sued for breaching non-compete clauses neatly illustrates the wide variety of industries affected by restrictive ...
Tata Trusts has announced plans to amend the restrictive clauses in the Bai Hirabai Trust deed, specifically those prohibiting non-Zoroastrians from becoming trustees, following a recent challenge by ...