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Business Owner’s Guide: Use of Life Insurance for Buyouts
By Brandon O’Connor and Hunter Rose Greenberg* It is typical to have provisions in the governing documents for your company which contemplate the death and buyout of the owners. Most often, those buyout obligations are funded by the purchase of a life insurance policy...
Business Owner’s Guide: Plan Your Exit
Brandon O’Connor, Esq., boconnor@tuckerlaw.com, (717) 221-7950 As America’s largest generation approaches retirement age, we are seeing an influx of business owners looking for an exit ramp. Curiously, we are also seeing business owners of younger generations exiting,...
Non-Compete Ban Updates: FTC Rule Challenges & Pennsylvania Healthcare Legislation
Adam J. Appleberry, Esq., (412) 594-5532, aappleberry@tuckerlaw.com Challenges to the FTC Rule As we previously discussed on Med Law Blog, following the FTC’s approval of the final rule to ban non-compete agreements for for-profit businesses in April, several...
The FTC’s New Final Rule on Non-Competes: Key Points for Businesses
On April 23, 2024, the Federal Trade Commission (FTC) approved a rule banning employers from enforcing non-compete agreements for all workers, including employees and independent contractors, with limited exceptions. This new rule, set to take effect on September 4,...
FTC To Rule on Banning Non-Compete Agreements
The Federal Trade Commission has announced that it will be holding a Special Open Commission Meeting on Tuesday, April 23, 2024, at 2pm EST regarding the rule to ban non-compete agreements (read the announcement here). The expectation for this meeting is that the FTC...