New York Governor Vetoes Noncompete Ban Bill
On December 22, 2023, Governor Kathy Hochul vetoed the bill New York lawmakers delivered to her, which proposed a ban of nearly all types of noncompete agreements in employment. In so doing, she called for modifications to the legislation that would protect “middle-class and low-wage workers” from noncompete agreements, while balancing companies’ interests in using such agreements with higher-wage earners