Minnesota Lawyer and Finance & Commerce – Partner Content Author: Cody Nickel On July 1, 2023, Minnesota became the fourth state to ban non-compete agreements. This past session, in S.F. 3852, the legislature sought to close a loophole it had identified in the 2023 ban: non-solicitation provisions between service providers and their customers, referred to by some as “shadow” non-compete agreements. Effective July 1, 2024, this legislation banned the inclusion of restrictive employment covenants in contracts between service providers and their customers. Minn Stat. § 181.9881, Subd. 1, 2(a). The provision is retroactive. Any existing provision in violation of this statute is void and unenforceable. Minn. Stat. § 181.9881, Subd. 2(b). Furthermore, service providers with any such existing provisions have an affirmative obligation to inform their...
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Shareholder and CEO, Janel Dressen, serves as a panelist for Resolving Shareholder Disputes, in the Complex Financial Litigation webinar series from Financial Poise. Janel will share from her decades of experience with high-stakes shareholder dispute cases and other complex commercial litigation matters. The one hour live webinar, hosted by West LegalEdcenter, was held on May 9, 2024 and is now available for viewing on-demand here. About the program: ...
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“Create a clever title for an article discussing ChatGPT and its impact on Minnesota lawyers.” – Kathryn Campbell
May 10, 2023