The U.S. District Court of Northern Texas issued a final judgment in a case challenging the Federal Trade Commission’s (the “FTC”) new rule banning employment related non-compete clauses. The August 20, 2024, ruling was issued in a suit brought by the Chamber of Commerce of the United States of America, among other co-plaintiffs, against the […]
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Rudolph Friedmann LLP is pleased to announce that three of its lawyers have received recognition in the 2025 edition of Best Lawyers in America© and one attorney has been named to the Best Lawyers: Ones to Watch in America list. Since it was first published in 1983, Best Lawyers® has become universally regarded as the […]
Many suppliers of goods have long-standing credit relationships with certain purchasers. A recent decision by the United States Bankruptcy Court for the District of Massachusetts illustrates the precarious situation a supplier can find itself in when it alters the terms of a credit agreement after learning the purchaser is in financial difficulty. The decision involved […]
In the dynamic world of real estate transactions, exclusivity agreements play a pivotal role in securing deals and protecting the interests of brokers and their clients. These agreements, often entered into between a broker and a prospective buyer or seller, grant exclusive rights to the broker to represent the client in a specific transaction or […]
Adam Shafran, a partner at the firm, recently represented James Raleigh in an action in Middlesex Superior Court, James Raleigh v. Lighthouse Life Sciences Partners, LLC et al. (Middlesex Superior Court, No. 2281CV00230). James Raleigh (“Raleigh”) was a member and minority owner (10 percent) of Lighthouse Life Sciences Partners, LLC (“Lighthouse”) and worked for the company […]
The Corporate Transparency Act (“CTA”) is a federal law that was enacted in 2021 and took effect on January 1, 2024. Under the CTA, certain businesses must report the beneficial owners of the company to the U.S. Department of the Treasury’s Financial Crime Enforcement Network (“FinCEN”). This blog post is intended to alert you to […]
Vinay Mehra (“Mehra”), former President of Boston Globe Media Partners, LLC (the “Globe”), brought a lawsuit against the Globe asserting claims to recover monies he claimed were owed to him after he was terminated by the Globe. Count I of Mehra’s complaint was a claim for violation of the Massachusetts Wage Act, G.L. c. 149, […]
On April 23, 2024, the Federal Trade Commission (the “FTC”) approved a new rule prohibiting employment related non-compete clauses. FTC Commissioners voted 3-2 along party lines to approve the new rule. The rule will be effective 120 days after publication in the Federal Register, and employees and employers should expect the rule to become effective […]
Many real estate purchase and sale agreements contain a specific deadline by which the parties must perform and a clause stating that “time is of the essence.” This clause makes the deadline a condition subsequent, and if the deadline is not met or waived, then the parties’ obligations to each other are extinguished. Although “time […]
