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26 Apr 2024, 7:49 am
” The rule provides an exception that permits a non-compete agreement for a seller in a bona fide sale of a business entity, so long as the sale involves the “person’s ownership interest” in the business entity, or “of all or substantially all of a business entity’s operating assets. [read post]
26 Apr 2024, 3:00 am
They are typically used to protect proprietary information, financial data, or other sensitive information. [read post]
25 Apr 2024, 11:28 pm
Not all of the assets had been transferred to these new companies at the time the defendant went into liquidation. [read post]
25 Apr 2024, 7:28 pm
This change in definition is significant because the HIPAA Privacy Rule permits health care providers and other covered entities to release PHI to authorities in cases where the entity reasonably believes that a person is a victim of abuse, neglect or domestic violence, and in cases of serious and imminent threat to a person. [read post]
25 Apr 2024, 11:02 am
The Final Rule also carves out noncompetes entered in connection with the bona fide sale of a business or a person’s ownership interest in a business entity, eliminating the 25% ownership threshold from the proposed rule. [read post]
25 Apr 2024, 7:19 am
Citing a federal appeals court decision, the FTC notes that “Congress took pains in drafting § 4 [15 U.S.C. 44] to authorize the Commission to regulate so-called non-profit corporations, associations and all other entities if they are in fact profit-making enterprises. [read post]
25 Apr 2024, 6:52 am
The FTC is correct in pointing out that not all entities claiming 501(c)(3) tax status are “categorically” beyond the reach of Section 5 of the FTC Act. [read post]
24 Apr 2024, 9:01 pm
Second, the rule permits individuals to enter into non-competes pursuant to a “bona fide sale of a business entity, of the person’s ownership interest in a business entity, or of all or substantially all of a business entity’s operating assets. [read post]
24 Apr 2024, 5:59 pm
The Final Rule does not apply to a noncompete clause that is entered into by a person pursuant to a bona fide sale of a business entity, of the person’s ownership interest in a business entity, or of all or substantially all of a business entity’s operating assets. [read post]
24 Apr 2024, 2:05 pm
One of the exceptions to the final rule is that it does “not apply to a non-compete clause that is entered into by a person pursuant to a bona fide sale of a business entity, of the person’s ownership interest in a business entity, or of all or substantially all of a business entity’s operating assets. [read post]
24 Apr 2024, 12:58 pm
The rule further defines “policy- making position” as a business entity’s president, chief executive officer or equivalent, any other officer of a business entity with policy-making authority, or any other natural person who has policy-making authority for the business entity similar to an officer with such authority. [read post]
24 Apr 2024, 12:58 pm
The rule further defines “policy- making position” as a business entity’s president, chief executive officer or equivalent, any other officer of a business entity with policy-making authority, or any other natural person who has policy-making authority for the business entity similar to an officer with such authority. [read post]
24 Apr 2024, 12:58 pm
The rule further defines “policy- making position” as a business entity’s president, chief executive officer or equivalent, any other officer of a business entity with policy-making authority, or any other natural person who has policy-making authority for the business entity similar to an officer with such authority. [read post]
24 Apr 2024, 12:26 pm
The FTC’s final rule bans nearly all new noncompetes, with very narrow exceptions, regardless of level of worker, and renders most existing noncompetes unenforceable (other than those where the claim accrued, e.g., is in litigation, and for executives at certain levels). [read post]
24 Apr 2024, 12:26 pm
On the other hand, a Member-Managed LLC might be a better fit if you have a small business where all of the Members want to be involved in the daily operations. [read post]
24 Apr 2024, 11:23 am
[But other] factors weigh against Plaintiff…. [read post]
24 Apr 2024, 10:46 am
The rule applies broadly to any person or employer, which include a person, partnership, corporation, association, or other legal entity. [read post]
24 Apr 2024, 9:34 am
The Final Rule also carves out noncompetes entered in connection with the bona fide sale of a business or a person’s ownership interest in a business entity, eliminating the 25% ownership threshold from the proposed rule. [read post]
24 Apr 2024, 9:17 am
The Final Rule also carves out noncompetes entered in connection with the bona fide sale of a business or a person’s ownership interest in a business entity, eliminating the 25% ownership threshold from the proposed rule. [read post]
24 Apr 2024, 6:49 am
Truthful and complete – meaning it includes all information known to the whistleblower relating to any misconduct said person has participated and/or of which they are aware. [read post]