BurgherGray Newsletter

Recent developments in Supreme Court jurisprudence pose a stiff challenge to the FTC’s Noncompete Ban (the “Noncompete Ban”). Specifically, the United States Supreme Court’s decision in Loper Bright Enterprises v. Raimondo (“Loper”) and a federal injunction from a Texas court on July 3, 2024 both cast doubt on the legitimacy of the ban.

On March 13, 2024, Utah passed a groundbreaking law—the Utah Artificial Intelligence Policy Act (“UAIP”)—that imposes new disclosure obligations on businesses utilizing generative AI. This includes mandatory disclosures when interacting with customers, but that’s not the most demanding new rule. Under the UAIP, covered businesses cannot blame AI for any consumer protection breaches that result from the use of AI tools to enhance their own products and services.

The Corporate Transparency Act (the “CTA”) went into effect on January 1, 2024, and requires “reporting companies” in the United States to disclose certain types of information about their “beneficial owners” (“BOI Report(s)”) to the Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”).