Cooley LLP’s Post

View organization page for Cooley LLP, graphic

60,435 followers

Partner Ryan Vann shares the latest on the FTC noncompete ban in a post below. Stay up to date with through our resource page and subscribing for timely alerts: https://bit.ly/3S0vW8p #FTC #noncompete #employmentlaw #competition #antitrust

View profile for Ryan Vann, graphic

Partner at Cooley LLP - Helping Employers Manage Human Capital Across All Phases of Business Maturity

For those catching up on the #FTC #noncompete rule after the holiday weekend (which I hope was great!): - The Texas court with the first shot at invalidating the rule granted a preliminary injunction suspending the rule, essentially because it held that the FTC exceeded its authority - The injunction only applies to the plaintiff in that case, so the rule isn't paused nationwide at the moment - The court will make a final ruling by August 30 - Another court will rule later this month, potentially with more national implications Bottom line: the rule is still on track to become effective September 4, but there are still more challenges pending. With the recent Supreme Court ruling overturning agency deference, the long term prospects for the FTC rule becoming and remaining effective are low. Cooley LLP

Bixlo Gerlo

Freelance legal Researcher on Wild Law, Earth Jurisprudence, Rights of Nature, Green New Deal, Ecosystem Services etc.

1w

was this the 5th circuit court in Texas?

To view or add a comment, sign in

Explore topics