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FTC Bans Non-Compete Agreements

FTC bans non-competes

Are Non-Compete Agreements Banned? On April 24, 2024, the Federal Trade Commission (FTC) issued a rule banning non-compete agreements for employees. It will become effective 120 days after publication in the Federal Registrar. Employees should immediately work on updating their employment agreements and employee handbooks to comply with the new FTC rule. How Does the …

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What is Commercial Due Diligence?

commercial-due-diligence

What is commercial due diligence? Commercial due diligence is the process of inspecting the business you are buying. It’s similar to buying a house —you do an inspection before purchasing the house. The objective of due diligence is to have a full understanding of the target company’s liabilities and strengths, in order to be aware …

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Why due diligence is important in an M&A transaction?

m&a-common-mistake

Why is it important not to skip due diligence I get a lot of clients who have problems after they bought a business. Unfortunately, many of the problems were avoidable, but the biggest mistake we have seen by buyers — particularly when the buyer bought the business without an attorney — is skipping the due …

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Why is Due Diligence Important When Buying a Business?

what-is-due-diligence

What is Due Diligence? Due diligence is the process of examining the business details and data when buying a business. It’s similar to inspecting a home before closing on the house. A buyer will want to check, to name a few things, the financial health of the company, the quality of the standard operating procedures, …

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