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Aug 29, 2023 | 
mondaq.com | Steven J Pearlman |Alyssa Cook
On August 4, 2023, Illinois Governor Pritzker signed HB2862 (the "Bill") into law.
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Aug 28, 2023 | 
jdsupra.com | Alyssa Cook |Steven J Pearlman
On August 4, 2023, Illinois Governor Pritzker signed HB2862 (the “Bill”) into law.
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Aug 25, 2023 | 
lexblog.com | Steven J Pearlman |Alyssa Cook
On August 4, 2023, Illinois Governor Pritzker signed HB2862 (the “Bill”) into law.
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Jun 23, 2023 | 
jdsupra.com | Alyssa Cook |Daryl Leon |Joseph C O'Keefe
On June 21, 2023, the New York State Assembly passed a sweeping bill (Bill No. S03100/A1278B — An Act to Amend the Labor Law, in Relation to Prohibiting Non-Compete Agreements and Certain Restrictive Covenants) that, if it becomes law, would impose a near-total ban on new non-compete agreements within the state or otherwise governed by New York law. The legislation aligns with a broader national trend towards limiting non-compete agreements.
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Jun 23, 2023 | 
lexology.com | Alexandra Oxyer |Joseph C O'Keefe |Steven J Pearlman |Daryl Leon |Alyssa Cook
On June 21, 2023, the New York State Assembly passed a sweeping bill (Bill No. S03100/A1278B — An Act to Amend the Labor Law, in Relation to Prohibiting Non-Compete Agreements and Certain Restrictive Covenants) that, if it becomes law, would impose a near-total ban on new non-compete agreements within the state or otherwise governed by New York law. The legislation aligns with a broader national trend towards limiting non-compete agreements.
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Jun 19, 2023 | 
mondaq.com | Joseph C O'Keefe |Alexandra Oxyer |Alyssa Cook
We recently reported on New York Bill No. S03100, which, if enacted, would
broadly prohibit non-competition agreements in New York. On the
same day, June 7, 2023, the New York Senate also passed Bill No. S6748 (the "Bill"), which
would similarly prohibit non-competes. The Bill aims to prevent
monopolies, monopsonies, and restraints on trade and classifies
non-competes as unfair, anti-competitive business practices. Id. at § 8(2).
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Jun 16, 2023 | 
jdsupra.com | Alyssa Cook |Joseph C O'Keefe |Alexandra Oxyer
We recently reported on New York Bill No. S03100, which, if enacted, would broadly prohibit non-competition agreements in New York. On the same day, June 7, 2023, the New York Senate also passed Bill No. S6748 (the “Bill”), which would similarly prohibit non-competes. The Bill aims to prevent monopolies, monopsonies, and restraints on trade and classifies non-competes as unfair, anti-competitive business practices. Id. at § 8(2).
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Jun 15, 2023 | 
lexblog.com | Joseph O’Keefe |Alexandra Oxyer |Alyssa Cook
We recently reported on New York Bill No. S03100, which, if enacted, would broadly prohibit non-competition agreements in New York. On the same day, June 7, 2023, the New York Senate also passed Bill No. S6748 (the “Bill”), which would prohibit non-competes in the State of New York. Both bills were passed on June 7, 2023. The Bill aims to prevent monopolies, monopsonies, and restraints on trade and classifies non-competes as unfair, anti-competitive business practices. Id. at § 8(2).
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Jun 13, 2023 | 
mondaq.com | Daryl Leon |Alexandra Oxyer |Alyssa Cook
On June 7, 2023, the New York State Senate passed Bill No. S03100 (the "Bill"), which
would impose a blanket ban on employee non-competition agreements
in New York.
The Bill defines a "non-compete agreement" as:
any agreement, or clause contained in any agreement, between an
employer and a covered individual that prohibits or restricts such
covered individual from obtaining employment, after the conclusion
of employment with the employer included as a party to the
agreement.
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Jun 12, 2023 | 
jdsupra.com | Alyssa Cook |Daryl Leon |Alexandra Oxyer
On June 7, 2023, the New York State Senate passed Bill No. S03100 (the “Bill”), which would impose a blanket ban on employee non-competition agreements in New York. The Bill defines a “non-compete agreement” as:any agreement, or clause contained in any agreement, between an employer and a covered individual that prohibits or restricts such covered individual from obtaining employment, after the conclusion of employment with the employer included as a party to the agreement.
