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The Federal Trade Commission (FTC) recently set its sights squarely on non-compete agreements in merger transactions, making them ripe for further scrutiny. In a Consent Order issued June 14, 2022, the FTC ordered GPM Investments LLC and its parent company ARKO Corp. to roll back provisions it deemed “anticompetitive” in GPM’s May 2021 acquisition of 60 Express Stop retail fuel stations from Corrigan Oil Company. Under the FTC’s order, ARKO and GPM agreed to limit the non-compete agreement that it imposed on Corrigan, and return five retail fuel stations in several local Michigan markets. This decision comes on the heels of a June 10th statement by the FTC’s Chair Lina M. Khan, joined by Commissioners Rebecca Kelly Slaughter and Alvaro M. Bedoya, warning businesses that contract terms in merger agreements that potentially impede fair competition would be highly scrutinized.
Continue Reading FTC Further Scrutinizes Use of Non-Competes in Merger Transactions

Throughout 2021, our dedicated Trade Secrets, Computer Fraud & Non-Competes Practice Group hosted a series of CLE webinars that addressed significant trade secret and restrictive covenant issues facing clients today. This year’s series included:

  1. 2020 Year in Review: What You Need to Know about the Recent Cases and Developments in Trade Secrets, Non-Competes, and Computer Fraud Law
  2. Employee Termination & Data Repatriation in the Remote Work Environment
  3. The Connection Between Wage and Hour & Restrictive Covenant Law
  4. How and Why Texas is Different When it Comes to Trade Secrets and Restrictive Covenants
  5. Anatomy of an M&A Transaction: How to Issue Spot for Non-Compete, Trade Secrets/Confidential Information, and Intellectual Capital Concerns
  6. Overview of Non-Compete Legislation and Enforcement Issues from 2021

As a conclusion to our 2021 webinar series, we compiled a list of key takeaway points for each program. For those clients who missed any of the programs in this year’s series, recordings of all of our past webinars are available on the blog, or you may click on the link for each webinar below to view the online recording.
Continue Reading 2021 Trade Secrets Webinar Series: Takeaways & Recordings

How to Issue Spot for Non-Compete, Trade Secrets/Confidential Information, and Intellectual Capital Concerns

In this fifth installment of our 2021 Trade Secrets Webinar Series, Seyfarth partners Robert Milligan and Suzanne Saxman discussed trade secret/confidentiality, non-compete and restrictive covenant issues that typically arise in M&A transactions. The panel walked through the keys issues in the typical M&A lifecycle and provided practical…
Continue Reading Webinar Recap! Anatomy of an M&A Transaction

Wednesday, December 8, 2021
1:00 p.m. to 2:00 p.m. Eastern
12:00 p.m. to 1:00 p.m. Central
11:00 a.m. to 12:00 p.m. Mountain
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In this fifth installment of our 2021 Trade Secrets Webinar Series, our experienced team will cover trade secret/confidentiality, non-compete and restrictive covenant issues that typically arise in M&A transactions. From…
Continue Reading Upcoming Webinar! Anatomy of an M&A Transaction: How to Issue Spot for Non-Compete, Trade Secrets/Confidential Information, and Intellectual Capital Concerns

Late last spring we reported on the second published decision out of the District of Massachusetts citing the Massachusetts Noncompetition Agreement Act (“MNCA”), NuVasive, Inc. v. Day. On April 8, 2020, the First Circuit issued a decision on the defendant’s appeal, upholding the lower court’s ruling. While the First Circuit’s decision does not directly analyze an agreement that is subject to the MNCA, it is still instructive for out-of-state employers with personnel who may be subject to that law.
Continue Reading The First Circuit Weighs in on the Applicability of Massachusetts’ Non-Compete Law