ROI-NJ: Have a non-compete clause? Biden's EO could void it...but not for a while
Daniel D. Barnes recently spoke with ROI-NJ detailing the Executive Order signed by President Joe Biden on July 9, 2021. This order includes 72 initiatives with the intent of opening competition as the key to changing the state of business and the economy. The initiatives could lead to a major shakeup of key industries, including technology and health care – and are sure to cause a battle between the administration and corporations that figures to end up in the courts.
Dan explains how unclear now how much the executive order will impact employment in New Jersey, which already has established case law on the issue. “The question is whether the federal floor is going to be higher or lower than New Jersey’s floor. It sounds to me that it’s going to be higher. But we don’t know that yet.”
To read the full conversation, visit ROI-NJ’s website.