Law Alert: FTC Noncompete Rule Update

On July 3, 2024, U.S. District Court for the Northern District of Texas, one of the courts hearing a challenge to the FTC’s April 2024 non-compete rule, preliminarily enjoined the FTC from enforcing its rule against the named parties but did not extend the injunction to any other businesses.  The court indicated that it would be issuing a final order by the end of August 2024.  Thus, as of now every business in the United States, other than the named plaintiffs in this lawsuit, will be subject to the FTC non-compete rule on September 4, 2024, absent further judicial action.

🔗 Full the full article and links visit: https://www.bracheichler.com/insights/ftc-noncompete-rule-update/

 

To obtain legal advice about the FTC non-compete rule, including its application to your organization, please contact:

John D. Fanburg, Esq., Managing Member, Chair, Healthcare Practice, Co-Chair, Cannabis Industry, at jfanburg@bracheichler.com or 973-403-3107

Keith J. Roberts, Esq., Member, Chair, Litigation Practice, at kroberts@bracheichler.com or 973-364-5201

Rose Suriano, Esq., Member, Litigation Practice, at rsuriano@bracheichler.com or 973-403-3129

Carol Grelecki, Esq., Member, Healthcare Practice, at cgrelecki@bracheichler.com or 973-403-3140

Jay Sabin, Esq., Member, Labor and Employment Practice, at jsabin@bracheichler.com or 917-596-8987

 

*This is an informational podcast only and not intended to create an attorney-client relationship with the attendees. This is intended to provide general information, not legal advice. Please contact the authors if you need specific legal advice.