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20 May 2024, 11:21 am
Background on the FTC’s Noncompete Ban On April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 to ban virtually all noncompete agreements on the basis that such agreements constitute “an unfair method of competition” under the Federal Trade Commission Act (the Act).[1] The ban—which is currently set to take effect Sept. 4, 2024—will render preexisting noncompete agreements (except those involving senior executives) unenforceable as of the… [read post]
20 May 2024, 6:00 am
Among the dead were Iranian Foreign Minister Hossein Amirabdollahian, the governor of Iran’s East Azerbaijan province, a senior cleric from Tabriz, a Revolutionary Guard official, and three crew members, IRNA said. [read post]
19 May 2024, 10:13 pm
It documents his sexual assault by a senior figure in the comedy world and his harassment by a stalker he met while working in a pub. [read post]
18 May 2024, 12:43 pm
Copyright © 2024 by The Associated Press. [read post]
17 May 2024, 3:00 am
The county has its Homeless Initiative with its own executive director. [read post]
16 May 2024, 4:30 am
Chamber of Commerce told a Texas federal judge to block the Federal Trade Commission’s final Noncompete Rule, which would impose a comprehensive ban on new noncompetes with all workers, including senior executives. [read post]
14 May 2024, 10:15 pm
Bar Association July 7, 2023 report: pp. 8, 15). 8. [read post]
13 May 2024, 10:00 pm
The rule provides that existing non-compete agreements with “senior executives” remain in force and existing non-competes with all other workers are not enforceable, as of the effective date, September 4, 2024. 89 Fed. [read post]
13 May 2024, 3:37 pm
As the Supreme Court explained in its 1983 decision in Motor Vehicle Manufacturers Association v. [read post]
12 May 2024, 9:01 pm
OCC’s Letter on Uniform Federal Banking Standards On November 9, 2023, the General Counsel of the Office of the Comptroller of the Currency (the “OCC”) issued a letter to the CEOs of all national banks and federal savings associations (“FSAs”) addressing uniform federal banking standards.[13] In the letter, the OCC explains that it is aware that some states have passed laws or taken other actions that “purport to apply to national… [read post]
10 May 2024, 6:00 am
“It’s hard not to chuckle when banks say restaurants make too much money, when restaurants are one of the lowest-margin businesses,” says Sean Kennedy, executive vice president for public affairs at the National Restaurant Association. [read post]
10 May 2024, 12:04 am
Officers include directors, company secretaries and other senior executives who make, or participate in making, decisions which affect the whole or part of the business or corporation. [read post]
9 May 2024, 7:29 am
Additionally, existing noncompete provisions are unenforceable as of the effective date, except with regards to certain employees considered “senior executives. [read post]
8 May 2024, 7:20 pm
Ponzi Scheme Targeted Senior Investors May 10, 2023 FINRA mandated Oppenheimer & Co. [read post]
8 May 2024, 6:30 pm
The Defence Horizon Journal has recently published a series of quite remarkable essays around the theme "aspects of cognitive superiority"--an issue at the heart of modern warfare--as the recent coherent eruptions on US campuses and elsewhere evidence quite brilliantly: Aspects of Cognitive Superiority: Shaping Beliefs and Behaviours (26 April 2024; free download HERE). [read post]
7 May 2024, 10:22 am
Houston attorney Vinh Ho was named the Houston Bar Association’s new executive director effective May 13, the HBA announced in a press release. [read post]
7 May 2024, 5:49 am
The rule, finalized on April 23, 2024, bans employers from entering into or enforcing non-compete agreements with their employees, with limited exceptions for certain senior executives and in cases involving the sale of a business. [read post]
6 May 2024, 10:00 pm
For purposes of the senior executive grandfather rule, a senior executive is one who receives total annual compensation of at least $151,164 per year and is in a “policy-making position. [read post]
6 May 2024, 7:38 am
Dr Chukwuma Okoli (Assistant Professor in Commercial Conflict of Laws at the University of Birmingham; Senior Research Associate; Private International Law in Emerging Countries, University of Johannesburg) We would like to thank Joy Chebet, Law Student at Kenyatta University, for her research assistance and comments. [read post]
6 May 2024, 4:43 am
The FT Group’s Chief Executive stated that it is right, “that AI platforms pay publishers for the use of their material. [read post]