Monthly Archives: July 2024

FTC Bans Non-Compete Agreements April 23, 2024 written by Tannon Symm On Tuesday, April 23, 2024, the Federal Trade Commission (“FTC”) voted to implement a new rule that would ban a majority of non-compete provisions for most American workers. This rule will make most previous non-compete provisions null and void and will restrict businesses from being able… Read more »

FTC Bans Non-Compete Agreements Update June 28, 2024 written by Tannon Symm According to the Code of Federal Regulations (“CFR”), a final rule that a federal agency has approved will become effective 120 days after being published in the Federal Register. That date has finally been set for the Federal Trade Commission’s (“FTC”) landmark rule… Read more »

Getting What You Pay For: Title Due Diligence written by Kaysha Spoon When purchasing assets, title due diligence is crucial to protecting your new investment. Before signing on the dotted line, you’ll need to verify ownership of the assets and uncover any potential defects that could threaten your interests. This process is often complicated by… Read more »

To Bind or Not to Bind? Letters of Intent written by Miranda Caballero A Letter of Intent (“LOI”), also commonly referred to as a term sheet, is an agreement between two (or more) parties that expresses the parties’ intent to pursue some transaction. The final definitive agreement and the underlying transaction can take many different… Read more »

Crude Data: Resolving Buyer Overload in Acquisition Due Diligence written by Andrew Clinton We’ve all become accustomed to the first uploaded link providing access to a Seller’s digitized contract as part of an acquisition and the related feeling of terror as the reader begins to wonder how to organize the laundry list of files and… Read more »