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Governor Hochul Vetoes Proposed New York Law Banning Use of Non-Compete Agreements

Governor Hochul has vetoed legislation that would have imposed a ban on the use of non-compete agreements in the State of New York.  The New York legislation outlawing restrictive covenants was passed by the Legislature on June 20, 2023, and vetoed by the Governor on December 22, 2023.  The legislation…

FTC Proposes Rule To Ban Non-Compete Agreements Used By Employers

The FTC has proposed a new rule that would ban employers from entering into non-compete agreements with their employees.  The FTC estimates that 30 million persons, or about 20 percent of the United States workforce, are restrained by non-compete clauses with their current employers.  In addition to outlawing non-competes from…