Randall A. Constantine

May 26, 2024 | mondaq.com | Don A. Mazursky |Teri King |Randall A. Constantine |Emily Friedman

The Federal Trade Commission ("FTC") recently issued a Final Rule (the "FTC Rule") that, unless invalidated by the courts, will soon prohibit most non-compete provisions. In its current form, the FTC Rule will cover not only covenants that prohibit working for a competitor but also provisions that call for the forfeiture of compensation, severance or benefits if a former worker competes. What Does the FTC Rule Provide? General; Effective Date.

May 22, 2024 | jdsupra.com | Randall A. Constantine |Emily Friedman |Teri King

The Federal Trade Commission (“FTC”) recently issued a Final Rule (the “FTC Rule”) that, unless invalidated by the courts, will soon prohibit most non-compete provisions. In its current form, the FTC Rule will cover not only covenants that prohibit working for a competitor but also provisions that call for the forfeiture of compensation, severance or benefits if a former worker competes. What Does the FTC Rule Provide? General; Effective Date.