" agreements that Wall Street firms use to protect their secrets are expected to survive a new non-compete ban from the Federal Trade Commission .The FTC’s ban leaves "an open question" as to whether all garden leave provisions would be enforceable, said Chris Marquardt , head of Alston & Bird's labor and employment group.
Some Wall Street firms have been reducing pay during garden leaves, and those agreements could be invalidated, according to Reed Smith attorneys Mark Goldstein and Veronica Miclot. That’s because banks are exempt from the FTC’s new rule. So are certain nonprofits such as healthcare providers, as well as stockyards.
These are 5 things you need to stop doing in your 50s and 60s in order to have a happier retirement — but can you do it?$9.5M sexual abuse class-action lawsuit against Stampede moves forward with 300 claimants Michael O'Leary says that if football players and their managers can get paid in the multi-millions, why not him?German engineering company BAUCH makes machines and engine components out of materials mined in China, Africa or South America that pass through multiple hands and processes before they reach its factories in southern Germany and China.
Federal Trade Commission Alston & Bird Private Equity Firms Chris Marquardt Non Compete Agreements Leaves
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