Solutions at the speed of now

On Tuesday, August 20, a Texas federal judge set aside the FTC’s “Non-Compete Rule” (the “Rule”).  This decision comes just two weeks before the FTC’s nationwide ban on non-competes was set to take effect.  The Court stated the FTC overstepped its authority in issuing the Rule, calling it “arbitrary and capricious” and found that the FTC’s sweeping ban on non-competes was overly broad and ignored the valid business interests non-competes serve.  Many employees may now breath a sigh of relief now that the Rule is on hold indefinitely.  However, the Rule is not completely out of the game just yet.

July 16, 2024 – Stradling announced today the launch of its Trust & Estate practice with the addition of Daniel C. Lorenzen.  Based in the firm’s Westlake Village office, Daniel will spearhead the growth of the practice group across the firm.  He comes from Venable LLP in Los Angeles and has a substantial practice that provides wealth planning and tax counsel to individuals, families, and closely held businesses in the United States and abroad.

Tom Waldman is highlighted in the NBC News article titled “Tim Sheehy May Turn the Senate Red. But Is He Really a Successful Businessman?” The piece critically examines Tim Sheehy’s business credentials amid his Senate campaign as well as Blackstone's investment in Sheehy's company, Bridger Aerospace.