Yesterday, a federal judge in Texas enjoined the Federal Trade Commission’s Noncompete Rule from taking effect nationwide. The ruling bars the implementation of a controversial FTC regulation--scheduled to take effect September 4, 2024--that would have invalidated nearly 30 million existing non-compete agreements and prohibited any such future agreements. The decision effectively maintains the status quo for both employees and employers who had been approaching Labor Day with uncertainty due to contradictory rulings from other courts over the summer. However, there is some hope for those who celebrated the initial FTC rule in April, as a bipartisan Senate bill makes its way through the le...