Ruling on the FTC Non-Compete Final Rule and Texas Guidance on Non-Competes by Richard Cheng
On August 20, 2024, in the Ryan LLC v. Federal Trade Commission lawsuit, Judge Ada Brown of the United States District Court for the Northern District of Texas, struck down a final Federal Trade Commission (FTC) rule to ban non-competition agreements asserting that the rule will not be enforced by the FTC or have the ban take into effect. The Texas district court’s decision setting aside the FTC rule makes it the first court to reach a final decision.
What is the FTC Non-Competition Rule?
The FTC non-competition [...]