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.
As we reported most recently here, New York was set to join a number of states that prohibit non-compete clauses in employment agreements. In June 2023, the Legislature passed a bill that would have declared an outright ban on such agreements, with no exceptions, but its formal “delivery” to the Governor was delayed due to well-publicized concerns that the bill was too draconian, including, among other concerns, that it applied to all workers regardless of income and did not permit non-competes as a term of the sale of a business. Continue Reading New York Non-Compete Ban is Off the Table—For Now