Special thanks to co-presenters Nandu Machiraju and William Rowe.
Where the sellers or shareholders in a corporate transaction are individuals (especially where they may continue on as employees of the buyer), noncompetes are a valuable tool in a deal lawyer’s toolbox. However, there is a clear trend of increasing hostility to the use of noncompete agreements coming from different levels of the US government. Courts have started taking a closer look at sale of business noncompetes. While a growing number of states have banned or limited the use of noncompete agreements in the employment context, leaving companies to make sense of a patchwork of different state-level requirements and federal actions.
Lawyers from our employment, antitrust and litigation practice groups share their advice from the trenches and what you need to know in 2024 about the current issues surrounding the enforceability of noncompete agreements.
Click here to listen to the webinar.