Minnesota Lawyer and Finance & Commerce – Partner Content Authors: Dan Hall and Samantha Buckman On April 23, 2024, the Federal Trade Commission announced a final rule that, if upheld, will ban noncompetition clauses nationwide. The rule, which is scheduled to become effective 120 days after its publication in the Federal Register, would prevent the enforcement of existing noncompetition clauses – with limited exceptions – while prohibiting new noncompetition clauses in the future. The FTC rule, if it goes into effect, will be more expansive than Minnesota’s existing state ban on non-compete agreements, which took effect on July 1, 2023. See Minn. Stat. § 181.988. Unlike the Minnesota state law prohibition, which applies only prospectively, the FTC rule is retroactive and invalidates existing non-compete agreements. Both the...
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An Anthony Ostlund trial team led by Rich Ostlund, Randy Gullickson and Steve Kerbaugh -- after 2 years of vigorous litigation against Manhattan New York based defense counsel -- recently recovered $13.8 million for Anthony Ostlund client ProSource Technologies in litigation that ProSource brought in Albany, New York. Our client was a lead contractor on the post-Hurricane Sandy housing remediation and buy/out projects for the State of New York in 2013-14. The case was directed at recovering remaining...
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November 1, 2017