Last week, the President signed an executive order on Promoting Competition in the American Economy, encouraging the Federal Trade Commission (FTC) to formulate rules to curtail the use of non-compete clauses believed to hurt workers. Falling short of what many hoped would be a ban on non-compete clauses, the order has no impact on the… Read More »
Davenport Iowa Employee Non-Compete Agreements
Many employers ask new employees to sign a non-compete agreement or covenant, in which the employee agrees not to operate a competing business or work for a competitor for a stated period of time within a certain geographic area after the employment relationship ends. In Iowa, for a covenant to be valid and enforceable, it… Read More »