There have been major developments that could impact the future of US Department of Labor (DOL) regulation, investigations, and litigation related to employee stock ownership plans (ESOPs). During a recent National Center for Employee Ownership webinar, Partners Ted Becker and Julian André explored what ESOP fiduciaries, ESOP company directors and management, employees involved with ESOPs, and advisors need to know about these developments.
On January 20 and 22, 2025, President Donald Trump issued executive orders (EOs) rolling back diversity, equity, and inclusion (DEI) and accessibility initiatives and advancing his immigration agenda.
In this webinar, members of McDermott’s Employment and Government Contracts Groups provided an explanation of these Trump administration EOs. They unpacked the implications of these orders on the future of DEI initiatives and immigration law compliance to help your organization navigate these changes effectively.
Following a dynamic year, coupled with a continually evolving legal landscape, employers face increasing regulatory compliance, organized labor advances, technological changes, challenges in protecting company information and retaining talent, and new litigation trends.
In a recent webinar, McDermott’s industry-leading employment team unpacked the most pertinent legal updates and provided tips and action items to get ahead in 2025. They discussed new laws taking effect in the new year, explored key developments impacting management and the workforce, and provided guidance on what employers can anticipate this year.
On August 20, 2024, the US District Court for the Northern District of Texas issued a nationwide injunction barring the Federal Trade Commission’s Final Rule that bans all noncompete agreements.
Read more about the court’s decision and what it means for employers and business entities here.
On July 23, 2024, US District Court for the Eastern District of Pennsylvania declined to stay the September 4, 2024, effective date of the Federal Trade Commission’s (FTC) Final Rule that bans all new noncompete agreements nationwide and renders existing noncompete agreements binding most workers unenforceable. This ruling comes 20 days after a federal court in Texas – presented with the same legal arguments – preliminarily enjoined the FTC from enforcing the Final Rule against the parties in that case.
The state of Washington has placed additional restrictions on the use of noncompetition agreements. Readers may be familiar with the Federal Trade Commission’s latest noncompete rule, which goes into effect on September 4, 2024. While that federal regulation is currently being challenged in court, Washington’s rule has already gone into effect.
On April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 along party lines to ban all new noncompete agreements nationwide and render existing noncompete agreements binding most workers unenforceable. The Final Rule, slated for publication in the Federal Register, provides that employers’ use of noncompete agreements amounts to an “unfair method of competition” that runs afoul of Section 5 of the FTC Act.
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For a deeper dive, join our multidisciplinary team of employment and antitrust lawyers for a webinar covering what employers need to know about the Final Rule and what to do next.
FTC’s Final Noncompete Rule: What It Means and Next Steps for Employers
Wednesday, May 8, 2024
Webinar | 2:00 – 3:00 pm (EDT)
The rules and regulations on workplace and employee speech, interpretation and enforcement are rapidly changing. Companies must carefully factor legal and business implications into their strategy to reach the desired outcomes for their customers, workforce and brand.
In this Law360 article, Michael Sheehan, Michelle Strowhiro and Alexander Randolph examine important considerations for companies as they navigate the complexities of workplace and employee speech.
A recent National Labor Relations Board decision will likely expose a broader range of workplace rules to regulator enforcement. According to this HR Dive article, introducing even ordinary workplace rules during unionization could draw new scrutiny. However, as Christopher Foster and Marjorie C. Soto Garcia explain, there are steps employers can take to mitigate risk.
Corporate transactions and investments involving union issues require concrete analysis of risk, contingencies and game plans. In a January 31, 2024, webinar, McDermott’s Labor and Employee Benefits Groups will focus on practical steps and strategies to successfully navigate and evaluate key considerations for transactions involving unionized businesses.
Discussion topics include:
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