News & Analysis as of

New York Restrictive Covenants Employment Contract

Rivkin Radler LLP

FTC Bans Non-Competes: What It Means for You

Rivkin Radler LLP on

The Federal Trade Commission (FTC) recently enacted a regulation that would effectively ban non-compete agreements for almost all employers. Unless the rule is blocked by legal challenges, it will take effect on September 4....more

FordHarrison

Noncompete News: Will New York City's Noncompete Ban Beat the FTC Final Rule to the Punch?

FordHarrison on

As we recently reported, the Federal Trade Commission (FTC) issued its long-awaited final rule on April 23, 2024, banning virtually all noncompetition agreements between employers and workers. Lawsuits challenging the final...more

Husch Blackwell LLP

New York May Become the Fifth State to Ban Non-Competes - UPDATED MARCH 2024

Husch Blackwell LLP on

On December 22, 2023, Governor Hochul vetoed the bill, stating that while she recognizes the need to restrict non-compete agreements for middle-class and low-wage workers, that interest must be balanced with New York...more

Troutman Pepper

Talk About Competition! New York City Considers Three Different Noncompete Bans

Troutman Pepper on

Q: Is New York City considering a total ban on noncompete agreements? A: Yes — a total ban on noncompete agreements would be the result of one of the three noncompete bills currently pending in the New York City Council,...more

Mintz - Employment Viewpoints

New Legislative Session, New Attempts at Banning Non-Competes in New York (City)

Following the recent failed attempt at broadly banning non-compete agreements in New York statewide (discussed here), three new bills were just introduced to do the same, this time in New York City.   The most comprehensive,...more

Epstein Becker & Green

Could the City Council of New York City Ban Noncompetes?

Last summer, the New York State legislature made waves when it passed a bill that effectively would have banned noncompete agreements. New York’s Governor vetoed that bill in late December 2023. This year, however, it is...more

Stevens & Lee

New York Non-Compete Ban Vetoed but Proposal Lives On

Stevens & Lee on

New York Governor Cathy Hochul recently vetoed a bill that would have enacted a sweeping ban on non-competition covenants amidst increasing opposition from business groups cautioning that the legislation would accelerate the...more

Vedder Price

New York Governor Vetoes Bill Banning Non-Compete Agreements

Vedder Price on

Although non-competition agreements are under ongoing attack at the federal and state levels (including being banned in California, Minnesota, North Dakota, and Oklahoma, among others), New York State is not yet ready to join...more

Robinson & Cole LLP

New York Proposed Ban on Non-Compete Agreements Vetoed; FTC and NLRB Proposed Nationwide Bans Remain Pending

Robinson & Cole LLP on

On December 22, 2023, New York Governor Kathy Hochul vetoed proposed legislation that would have banned all employee non-compete agreements in New York. In our June 2023 Legal Update, we outlined the proposed legislation that...more

Brownstein Hyatt Farber Schreck

New Year, New Life for New York Noncompete Negotiations

On Dec. 22, 2023, Gov. Kathy Hochul (D-NY) vetoed a bill to outlaw all noncompete clauses in the state of New York. The law also would have vacated all current agreements that prevent workers from leaving their employers for...more

Polsinelli

New York Governor Vetoes Non-Compete Ban – For Now

Polsinelli on

On December 22, 2023, New York Governor Kathy Hochul declined to sign legislation (S3100) that would have outlawed noncompete clauses in virtually all employment contracts. If it had gone into effect, New York would have been...more

Kelley Drye & Warren LLP

Governor Hochul Vetoes Ban on Noncompetition Agreements for New York Employees

The long-awaited death of noncompetes in New York is—forgive the pun—dead in the water, at least for now. On December 22, 2023, Governor Hochul vetoed pending legislation that would have effectively banned noncompetition...more

Cole Schotz

New York Governor Vetos Bill Proposing Ban on Non-Competes

Cole Schotz on

In much-anticipated legislation, on December 22, 2023, Governor Kathy Hochul vetoed Senate Bill S3100 (the “Bill”), which, as we previously reported, would have essentially banned all non-compete agreements in New York State....more

Troutman Pepper

New York Governor Vetoes Proposed Ban on Noncompete Agreements

Troutman Pepper on

Q. Did New York institute a ban against noncompete agreements? ...more

Jackson Lewis P.C.

A Step Too Far? Governor Hochul Vetoes New York Non-Compete Ban

Jackson Lewis P.C. on

New York Governor Kathy Hochul vetoed Senate Bill S3100A, a bill passed by both houses of the legislature in June, that would prohibit all non-compete agreements. This is a significant and interesting end to a year of...more

Seyfarth Shaw LLP

New York Non-Compete Ban is Off the Table—For Now

Seyfarth Shaw LLP on

Seyfarth Synopsis: Efforts to prohibit non-compete agreements in New York State are back to square one following Governor Hochul’s veto of an outright ban in late December 2023....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New York Governor Supports Changes to Non-Compete Legislation

New York Governor Kathy Hochul recently indicated that she supports narrowing New York State’s proposed legislation banning non-compete agreements. Based on comments she recently made to the press, it appears that she...more

Stevens & Lee

New York to Decide on Signing Non-Competition Ban into Law

Stevens & Lee on

New York businessowners and employees alike await a decision from Governor Kathy Hochul as to proposed legislation, which has passed in both the New York State Senate and General Assembly, that would ban most non-competition...more

Sheppard Mullin Richter & Hampton LLP

Necessity Is the Mother of Invention – But New York Law Says Employers Better Not Take the Credit

On September 15, 2023, New York Governor Kathy Hochul signed a law that made dramatic changes to the enforceability of invention assignment provisions in employment agreements and likely in related agreements including offer...more

Husch Blackwell LLP

New York May Become the Fifth State to Ban Non-Competes

Husch Blackwell LLP on

A significant development is underway in New York as the state is on the verge of outlawing non-competition agreements for employees. Governor Kathy Hochul is currently reviewing a bill that has been fast-tracked through the...more

Brownstein Hyatt Farber Schreck

New York State’s Pending Non-Compete Ban: Potential Impact on Corporate Transactions

A bill that would ban nearly all forms of non-competition restrictions in New York passed both houses in the state legislature and is now with Gov. Kathy Hochul to sign into law. If signed, this would have profound...more

Troutman Pepper

Wide-Ranging New York Noncompete Law Awaits Governor's Signature

Troutman Pepper on

Summary - On June 20, the New York State Legislature passed a bill prohibiting noncompetes. The bill currently awaits Governor Hochul’s signature. If signed into law, it will take effect just 30 days later, but will only...more

Fox Rothschild LLP

California’s Ban on Non-Competes is Catching On

Fox Rothschild LLP on

As my New York colleagues wrote , the New York Legislature just passed a bill that would prohibit non-competition agreements between employers and employees. If signed by Gov. Kathy Hochul, New York will become the fifth...more

Seyfarth Shaw LLP

New York Inching Toward Ban of Employee Non-Compete Agreements

Seyfarth Shaw LLP on

Seyfarth Synopsis: The New York State Assembly has joined the State Senate in passing legislation to prohibit non-compete clauses in employment contracts. The bill now heads to the Governor and, if signed into law, would void...more

Perkins Coie

June Tip of the Month: New York State Legislature Passes Bill Banning Noncompete Agreements

Perkins Coie on

On June 20, 2023, the New York State Legislature passed a bill which, if signed by Governor Kathy Hochul, will impose a blanket ban on—and render unlawful—all future noncompete agreements in New York. As explained more fully...more

45 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide