our colleagues Erik W. Weibust, Peter A. Steinmeyer, and Stuart M. Gershon co-authored an article in the legal backgrounder, published by the Washington Legal Foundation, titled “After 200+ Years Under State Law, FTC Proposes to Sweep Away All Noncompetites in Unauthorized Federal Power Grab.” Following is an excerpt: For over 200 years, the regulation of […]
Continue ReadingEarlier today, the Federal Trade Commission (“FTC”) published a proposed rule which would ban all non-compete agreements between employers and “workers” (broadly defined to include employees, independent contractors, interns, and others). If adopted, the proposed rule will bar both prospective and existing non-compete agreements. The FTC included an overview fact sheet describing the proposed rule. […]
Continue ReadingIn Seyfarth’s seventh installment of the 2022 Commerce Secrets and techniques Webinar Collection, Seyfarth companions Jeremy Cohen and Kevin Mahoney targeted on commerce secrets and techniques and shopper relationship issues within the banking and monetary providers trade. As a conclusion to this webinar, we compiled a abstract of takeaways: On the subject of defending your […]
Continue ReadingIt is no secret that the US Postal Service (USPS) has been struggling financially for properly over a decade. One technique of preventing its struggles has been to contract with third-party resellers to market USPS providers and drive clients to it. Certainly, solely a kind of resellers, Specific One, delivered over $3 billion in income […]
Continue ReadingSokoloff Legal professionals are dedicated to defending your privateness. This Privateness Coverage outlines how we deal with your private data to guard your privateness. Privateness Laws:Since January 1, 2004, all Canadian organizations engaged in industrial actions have been required to adjust to the Private Data Safety and Digital Paperwork Act (“PIPEDA”) and the Canadian Requirements […]
Continue ReadingPerhaps we have been improper. Or maybe we have been simply not considering creatively sufficient. After President Biden issued his “Government Order on Selling Competitors within the American Financial system,” through which he “encourage[d]” the Federal Commerce Fee (FTC) to “think about” exercising its statutory rulemaking authority “to curtail the unfair use of non-compete clauses […]
Continue ReadingRestrictive covenants and non-compete agreements have been a frequent subject of this weblog in current months, and rightly so. Non-competitors are usually considered efficient instruments to assist companies defend commerce secrets and techniques and aggressive benefits. Nonetheless, these agreements are falling out of favor throughout the nation – the DOJ lately information a Assertion of […]
Continue ReadingNEW YORK, June 29, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Legislation Agency, a worldwide investor rights legislation agency, reminds purchasers of the securities of LMP Automotive Holdings, Inc. (NASDAQ: LMPX) between June 29, 2021 and Could 19, 2022, each dates inclusive (the “Class Interval”) of the necessary July 26, 2022 lead plaintiff deadline. SO WHAT: […]
Continue ReadingAs we previously reported, Minnesota will soon become only the fourth state (along with California, Oklahoma and North Dakota) to ban non-competitors. The state’s new law renders void and unenforceable all covenants not to compete entered by employees or independent contractors on or after July 1, 2023. The only exceptions are noncompetitive agreements relating to […]
Continue ReadingNow on Spilling Secrets, our podcast series on the future of non-compete and trade secret law: The 2023 Academy Awards are over, but we’re keeping the awards season alive with our very own Trade Secrets Fail Awards, highlighting Hollywood’s biggest missteps in depicting trade secret issues on-screen. Panelists Peter A. Steinmeyer, Katherine G. Rigby, A. […]
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