The U.S. District Court for the Northern District of Texas ruled with the U.S. Chamber of Commerce in late August, striking down the Federal Trade Commission's (FTC) ban on noncompete clauses in employment contracts. This issue has been hotly debated over the past several years and the court's decision serves as a win for the business community’s ability to [...]
HB 1090, HB 1160, SB 150, SB 226 / Chamber Supports The first week of the second half of the 2024 legislative session got off to a flying start with four Chamber priority bills earning hearings. That’s always our goal for this time in the process – to have early hearings – in case something goes awry and needs a [...]
This was a surprisingly busy session on the civil justice front; primarily because of the interesting dichotomy of having influential Republican lawmakers who are also trial attorneys. As a result, tort bills that would benefit employers met resistance and bills that would harm businesses (i.e. more legal liability exposure and higher damages) were supported. Fortunately, the Indiana Chamber was [...]
The Federal Trade Commission (FTC) announced its intent January 5 to ban the use of non-compete clauses in employment contracts by initiating a rulemaking. A non-compete clause is a contractual term between the employer and an employee that prohibits the employee, under certain circumstances, from going to work for a competing employer or starting a competing business, typically within [...]
As a first-time business owner, you will quickly realize that your success relies upon other people and services. However, you cannot depend upon a handshake to enforce your rights when forging a business relationship. Formal business contracts can help you avoid circumstances that negatively impact your company. Here are some insights: The purpose of a business contract Business owners [...]
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