On April 23, 2024 the Federal Trade Commission (“FTC”) issued a final rule banning most non competes nationwide.
Under the new rule, existing non-competes for a majority of all workers will no longer be enforceable.
Read moreWhat is Injunctive Relief?
Sometimes monetary compensation is not enough for some losses in life. Our goodwill and the respect of our peers can take years to build, but can be lost in an instant with a simple act of revenge or malice by someone seeking to cause us harm.
Read moreTrade Secret Misappropriation – Protecting your Business
Trade secret misappropriation is a critical threat to business owners. A business’ trade secrets are what give it a competitive advantage among its competitors. It is confidential information that a business derives an economic commercial benefit from. Trade secrets can come in the form of recipes, formulas, patterns, designs, processes, practices, forms and many others.
Read moreMichigan Businesses Using Non-Compete Agreements
Employees can create the potential for litigation by violating their signed agreements (e.g. non-compete agreements) and businesses can also miss an opportunity to protect themselves by failing to draft a legal and binding document. Contracts and agreements are a way for predicting the future.
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