Reassessing Trade Secrets Amid Proposed Noncompete Ban

By Rob Jensen (February 21, 2024, 5:27 PM EST) -- Lawmakers in New York passed a bill in June of 2023 to ban noncompetes statewide. Although Gov. Kathy Hochul vetoed the bill in December 2023 due to overbreadth, citing concerns regarding its impact on the economy, the governor noted she favored a ban on noncompetes for middle-class and low-wage workers. Lawmakers plan to reintroduce a revised bill in 2024....

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