The FTC Announces Non-Compete Ban: A Seismic Shift for Worker Mobility with Legal Challenges
The Federal Trade Commission (FTC) creates uncertainty in the U.S. labor market with its recent announcement of a near-blanket ban on non-compete agreements. This bold move is intended to increase worker mobility and competition. The new rule is set to take effect in approximately 120 days, or around August 20, 2024. However, the FTC is […]
Alabama Court Blocks Corporate Transparency Act, Future Remains Uncertain
In a significant legal development, the U.S. District Court for the Northern District of Alabama has ruled the Corporate Transparency Act (CTA) unconstitutional. In doing so, the Court asserted that Congress had acted outside its authority in mandating disclosure requirements for new and existing corporate entities. This decision comes from a case brought by the […]