2nd Floor – Eastman Credit Union Building
2021 Meadowview Lane
Kingsport, TN  37660

 

Mailing Address

P.O. Box 88
Kingsport, TN  37662-0088

 

Phone Number

(423) 723-0400 (main)

 

Hours of Operation

Monday-Friday

8:00am-5:00pm

(423) 723-0400

Texas Court Halts FTC's Noncompete Ban in a Limited Ruling More than 30 million Americans are currently subject to a non-compete agreement. Two months ago, the Federal Trade Commission (FTC) enacted a rule, effective September 4, 2024, that would invalidate all such agreements, except those applicable to senior executives. However, on July 3, a judge for the U.S. District Court for the Northern District of Texas granted a temporary injunction preventing the FTC from enforcing the new rule, albeit only applicable to the parties in the case. Ryan LLC, a small tax preparation firm in Northern Texas, and the U.S. Chamber of

Court of Appeals Solidifies What Constitutes an Insurable Interest Insurance companies have developed a reputation among some observers for frequently avoiding paying out bona fide claims. Recently, Allstate inadvertently reinforced this conception by arguing that a woman did not have an “insurable interest” in her home when it burnt down, because the bank was seeking to evict her. In Hope Federal Credit Union v. Griffin, the Tennessee Court of Appeals clarified what counts as an “insurable interest” in real property. Here, the question arose whether Allstate was required, pursuant to its insurance policy with Ms. Griffin, to reimburse her for additional living

SCOTUS Reverts to Employer Friendly Injunction Rule On June 13, 2024, in Starbucks v. McKinney, the U.S. Supreme Court reverted to an older and more stringent four-part test to be used when the National Labor Relations Board (NLRB) seeks an injunction against an employer. The NLRB enforces the National Labor Relations Act’s (NLRA) prohibition on employers engaging in unfair labor practices. Due to the lengthy nature of NLRB proceedings, the NLRB often seeks a preliminary injunction against an employer to stop what it believes is an unfair labor practice during the pendency of the suit. This traditional four-part test makes it more