Shipman & Goodwin’s value lies in our commitment -- to our clients, to the profession and to the community.
We have one goal: to help our clients achieve their goals. How we accomplish it is simple: we devote our considerable experience and depth of knowledge to understand each client’s unique needs, business and industry, and then we develop solutions to meet those needs.
Clients turn to us when they need a trusted advisor. With our invaluable awareness of each client’s challenges, we can counsel them at every step -- to keep their operations running smoothly, help them navigate complex business transactions, position them for future growth, or resolve business disputes. The success of our clients is of primary importance to us and our attorneys invest meaningful time getting to know the client's business and are skilled in the practice areas and industry sectors critical to that success.
With more than 175 attorneys in offices throughout Connecticut, New York and in Washington, DC, we serve the needs of
For many months, I've been telling anyone who would listen that we had a long way to go before the FTC's ban on noncompete agreements would take effect.
To print this article, all you need is to be registered or login on Mondaq.com.
For many months, I've been telling anyone who would listen
that we had a long way to go before the FTC's ban on noncompete
agreements would take effect.
Earlier today, a federal judge in Texas issued her long awaited
decision imposing a nationwide injunction on the rule.
She held that the agency did not have authority to put out rules
related to unfair methods of competition, including the noncompete
rule.
This injunction, barring any immediate appellate action
reversing it, which seems unlikely, essentially means that the rule
will NOT go into effect in September as scheduled.
For employers, this ruling may be a mixed bag for some. Some may
have liked a single rule to follow and may have wanted to hire
applicants from competititors. Others will breathe a sigh of relief
that their noncompete agreements are safe for now.
We'll have more in the upcoming days as we review the
implications of the decision but for now, employers can put on hold
any plans to eliminate their noncompete.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.