Issue: 2024 Vol. 28 No. 1

FTC Adopts Rule Barring Virtually All Non-Competes With Workers

On April 23, 2024, the Federal Trade Commission (FTC) adopted a sweeping rule banning virtually all future non-compete clauses with workers and invalidating existing non-compete clauses with all workers other than “senior executives.” The three Democratic commissioners voted in favor of the rule, while the two Republican commissioners voted against the rule. The rule deems … Continued

The Corporate Transparency Act: New Beneficial Ownership Reporting Requirements

The Corporate Transparency Act (CTA) is a new U.S. federal law requiring most U.S. corporations, LLCs, and other entities, as well as similar non-U.S. entities registered to do business in the U.S., to report their beneficial ownership to the U.S. government.1 These requirements are detailed, burdensome, and involve the disclosure of personal information, and, therefore, compliance will … Continued

Committee Reports

The Business Law Section conducts most of its activities through individual committees that focus on various areas of business law. Membership in any committee is open to any section member. While active participating is encouraged, there is no required time commitment. To join a committee, email [email protected]. For contact information for current chairs, see page … Continued