Category: client alert
-
M&A Outlook: A Development of Interest
On Friday, Federal Reserve Chair Jerome Powell signaled that interest-rate cuts are likely forthcoming. Declaring that “The time has come for policy to adjust,” the Fed Chair seemed to indicate that the Fed’s priority would shift from fighting inflation to supporting a cooling job market. The news of an imminent rate cut comes on…
-
From Power Outages to Service Outages, Protect Your Business From Unexpected Consequences
Recent events serve as a reminder to expect the unexpected. According to reports a cyber security update resulted in service outages across the globe affecting hospitals, airlines, and countless other businesses. Here in Houston, we have already had two major weather events this summer that have left families and businesses without power for days on…
-
Insights: PE Win; Get Ready for More IRS Audits
Private Equity Strategy Win On Monday, a federal judge in Houston dismissed a Federal Trade Commission suit against a private equity firm over its roll up strategy. The FTC’s lawsuit alleged a NY based private equity firm, Welsh, Carson, Anderson and Stowe, had created a scheme dating back to 2012 to consolidate anesthesia practices and drive…
-
Client Alert – FTC Declares Ban on Non-Competes
Introduction The Federal Trade Commission (the “FTC”) just adopted a federal regulation banning the creation and enforcement of non-compete agreements or provisions (a “non-compete”) for U.S. workers. Further, the ban requires anyone who previously made a non-compete with a U.S. worker to give that worker a written notice that his or her non-compete is no…