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Tag: tier 1 law firms

Secrets Exposed: Trade Secrets, Trust, and a Multi-Million Dollar Lesson | Seyfarth Shaw

23/07/2023Lestari Putri
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At the beginning of the pandemic, concerns were raised that trade secret misappropriation might take a new form. Indeed, with large swaths of the workforce working from home, spouses, roommates, or others living in the same area had an increased

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Reminder: Minnesota Non-Compete Ban Takes Effect on Saturday, July 1

03/07/2023Lestari Putri

As 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 …

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Illinois Court Requires Express Delineation of Any Non-Employment Consideration for a Restrictive Covenant

13/06/2023Lestari Putri

For the last decade, one of the biggest issues in the Illinois noncompete law has been what constitutes adequate consideration for a post-employment restrictive covenant, apart from employment lasting at least two years after the agreement was signed. The “24 …

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10,000 Lakes and . . . No Noncompetitive? Minnesota Passes Law Banning Non-Competes Effective July 1, 2023

29/05/2023Lestari Putri

As expected, on May 24, 2023, Governor Tim Walz signed a new law banning noncompete agreement in Minnesota. The ban will be effective for such agreements entered on or after July 1, 2023.

By enacting the Omnibus Jobs, Economic Development, …

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Final FTC Rule on Non-Competing Not Expected Before April 2024

24/05/2023Lestari Putri

According to Bloomberg, The Federal Trade Commission (“FTC”) is not expected to vote on the final version of a new rule that would ban non-compete clauses in employment contracts until April 2024. The rule defines a “non-compete clause” as “ …

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Minnesota Takes Step Toward Banning Non-Competes

08/05/2023Lestari Putri

It is no secret that political winds are blowing against the practice of employers requiring certain employees to sign non-competition agreements, as demonstrated most saliently earlier this year when the Federal Trade Commission (“FTC”) introduced its proposed rule that would …

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NLRB Targets Confidentiality and Non-Disparagement Provisions | Seyfarth Shaw

29/03/2023Lestari Putri
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On February 21, 2023, the National Labor Relations Board (“NLRB” or “Board”) once again issued new precedent when holding that the mere proffer of a draft severance agreement containing broad confidentiality and non-disparagement provisions violated the National Labor Relations Act

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NLRB to Release Memo Clarifying Impact of McLaren Macombs on Confidentiality and Non-Disparagement Restrictions | Seyfarth Shaw

24/03/2023Lestari Putri
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The Board sent shockwaves through employment law in its February 21, 2023, decision in Mclaren Macombwhich held that simply offers a draft settlement agreement with broad confidentiality and non-disparagement provisions violated the National Labor Relations Act (“NLRA”). We previously

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Ethical Issues for Attorneys Regarding Restrictive Covenants

02/02/2023Lestari Putri

our colleagues Peter A. Steinmeyer, Erik W. Weibustand Angel A. Perez co-authored an article in Thomson Reuters Practical Law’s The Journalentitled “Restrictive Covenants: Ethical Issues for Attorneys.”

Following is an excerpt:

Companies across the US commonly use …

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Recap! Commerce Secret Safety and Future Expertise | Seyfarth Shaw

22/12/202231/01/2023Lestari Putri
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Seyfarth attorneys Joshua Salinas and Michael Wexler and digital forensic technologist James Vaughn (iDiscovery Options) offered a webinar on December 19, 2022, entitled, “Commerce Secret Safety: By way of the pandemic and past.” The skilled panel mentioned the most recent

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