- with Senior Company Executives, HR and Finance and Tax Executives
The FTC is appealing the August 20th ruling by the U.S. District Court for the Northern District of Texas that vacated - on a nationwide basis - the FTC's regulation that banned non-competition agreements. How this plays out will have a significant effect on the ability to utilize the fair market value of non-competition agreements as part of Internal Revenue Code Section 280G calculations for golden parachute payments.
The Federal Trade Commission is appealing a Texas federal judge's ruling that blocked its near-total ban on worker noncompete agreements, continuing what's become a bitter fight over the regulation. The FTC filed a notice of appeal Friday that it would take the case to the US Court of Appeals for the Fifth Circuit.
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