The Federal Trade Commission voted 3-2 Tuesday to ban most noncompete agreements, a watershed moment for the U.S. workforce that faces an uncertain future. These common agreements currently bar employees from leaving to work for competitors or start a competing business. The new rule prevents companies to use them moving forward, and retroactively wipe out most…
Agreements not to compete have existed as part of the common law for hundreds of years.1 These restraining agreements are designed to reduce economic harm to an employer when a “key”.
A California Court of Appeal held 2 employees’ alleged failure to remember signing an arbitration agreement was insufficient to challenge the authenticity of their handwritten signatures. Employers should consider obtaining handwritten signatures in lieu of electronic signatures.
Horizon Therapeutics plc (NASDAQ: HZNP): NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT
NLRB ruled that such compensation confidentiality and nondisparagement provisions are permitted under the National Labor Relations Act the Act; already filed unfair labor practice charges in the context of special bonus agreements that included such provisions.