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FTC Non-Compete Ban Update

A recent federal court ruling added more uncertainty to the Federal Trade Commision’s (FTC’s) ban on non-competition agreements, which was set to go into effect in September. The end result of this ruling 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.

© Copyright 2024. The views expressed herein are those of the author(s) and not necessarily the views of Ankura Consulting Group, LLC., its management, its subsidiaries, its affiliates, or its other professionals. Ankura is not a law firm and cannot provide legal advice.

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