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 […]
