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

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

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 …

Fifth Circuit Spares Trade Secrets Suit, But Clarifies That Specific Evidence of Irreparable Harm Must Support Request for Preliminary Injunction |  Seyfarth

Fifth Circuit Spares Trade Secrets Suit, But Clarifies That Specific Evidence of Irreparable Harm Must Support Request for Preliminary Injunction | Seyfarth

in Direct Biologics LLC v. McQueen, et al.the US Court of Appeals for the Fifth Circuit vacated a lower court’s dismissal of a trade secret and restrictive covenants suit, but still stressed the need for movants seeking a preliminary

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Rite Aid Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 19, 2023

NEW YORK, April 5, 2023 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Rite Aid Corporation.

Shareholders who purchased shares of RAD during the class listed period are encouraged to contact the firm regarding

FTC Extends Public Comment Deadline on Proposed Rule Banning Employment Non-Competes Until April 19th |  Seyfarth Shaw

FTC Extends Public Comment Deadline on Proposed Rule Banning Employment Non-Competes Until April 19th | Seyfarth Shaw

The FTC announced yesterday that it was extending the deadline to submit public comments on its proposed rule banning non-competitive employment.

With the extension, the FTC will now accept comments on the proposed rule until April 19. Originally, the deadline

NLRB Targets Confidentiality and Non-Disparagement Provisions |  Seyfarth Shaw

NLRB Targets Confidentiality and Non-Disparagement Provisions | Seyfarth Shaw

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

Comments to the FTC’s Proposed Noncompete Ban Due March 20, 2023 – and the Comment Period May Be Extended Another 60 Days

Comments to the FTC’s Proposed Noncompete Ban Due March 20, 2023 – and the Comment Period May Be Extended Another 60 Days

As previously reported, the Federal Trade Commission (FTC) proposed a rule on January 5, 2023, that would ban non-competes nationwide. There are serious questions about the FTC’s authority to promulgate such a rule and many practical reasons why such a …