The recording of a roundtable brainstorming session among over 55 restrictive covenant / trade secret / employee mobility lawyers from around the country discussing the nationwide impact of the FTC’s looming noncompete ban is now available.
On July 30, 2024, the Senate Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy held a hearing entitled, “Banning Noncompete Agreements: Benefits for Workers, Businesses, and the Economy.” The title says it all.
ATS Tree Services explains the irreparable harm it faces, while the FTC claims there is now a higher burden for a preliminary injunction in the 3rd Circuit.
If your company is not already a member of the U.S. Chamber of Commerce, it may want to join immediately to benefit from an injunction against the FTC’s noncompete ban.