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Photo of handshake with banned sign and title: No More Noncompetes?

No More Noncompetes?

By Jeremy Grivensky, Esq. and Gordon Prince, Esq. The United States Federal Trade Commission (“FTC”) has issued a new Non-Compete Clause Rule (the “Rule”), banning: (1) employers from enforcing existing noncompete agreements against workers, with limited exceptions applicable only to…

Guide to Buying and Selling a Business

By Gordon W. Prince, Esq. Whether you are selling a business as you prepare for retirement, or are acquiring a new business to grow your current operations, there are numerous items for the seller and buyer to address, regardless of…

Gordon W. Prince

Change-In-Ownership Guidance for PPP Borrowers and Lenders

The latest information from the SBA, issued in Procedural Notice No. 5000-20057, has important implications for PPP recipients who have, are in the midst of, or are contemplating effecting a change in ownership of their entity. Of importance, certain changes of ownership will require the approval of the SBA, or, at the very least notice to the SBA.
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