By: Bryan J. O’Neill FTC Bans Noncompete Agreements On April 23, 2024, by a 3-2 vote, the Federal Trade Commission (FTC) issued a final rule banning most noncompete agreements (the “Rule”). In sum, the Rule provides that it is an unfair method of competition for persons to enter into non-compete agreement with workers on or […]
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Corporate Transparency Act
By: Eric J. Derbes The Corporate Transparency Act (CTA) was enacted by Congress on January 1, 2021, as part of the National Defense Authorization Act. The CTA establishes a beneficial ownership reporting requirement for corporations, limited liability companies, and other similar entities formed or registered to do business in the United States. The beneficial ownership […]
Should I leave a child out my will?
By: Beau P. Sagona If a parent dies without a will, the parent’s estate is divided equally between the parent’s children. This may not be what the parent wants. Perhaps some of the children are more attentive while others are uninvolved, do not get along with the parent, or have other issues that don’t justify […]
Care with Confidentiality Clauses
By Albert J. Derbes, IV Parties to a contract too often sign without a careful review of the miscellaneous, or boilerplate, clauses at the end of the document. One of the most problematic instances concerns confidentiality clauses in contracts. A confidentiality clause obligates one, both, or more parties to a contract to maintain the terms […]