HEARD OVERHEARD

Not so this year!!! Barely into summer, and just when everyone was ready for a relaxing season, on June 27, 2024, the Supreme Court of the United States issued its 76 page decision in the matter of Harrington, United States Trustee, Region 2 v. Purdue Pharma L.P. et al. putting to rest the question which had been dividing the Circuits of whether or not nonconsensual third-party releases are allowable in bankruptcy cases. On a completely different note, on August 20, 2024, U.S. District Court Judge Ada E. Brown issued her opinion striking down the Federal Trade Commission's ban on non-compete clauses. On August 20, 2024, U.S. District Court Judge Ada E. Brown agreed and determined that the FTC had no legal right to pass such a rule and specifically found that such Non-Compete Rule "shall not be enforced or otherwise take effect on September 4, 2024, or thereafter.