M&A amendments expected for NY non-compete ban proposal
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M&A amendments expected for NY non-compete ban proposal

Jairo Ibarra
August 18, 2023
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New York state capitol building, located in Albany, NY is part of the Empire State Plaza and is a National Historic Landmark.
Photo: Alamy Stock Photo

New York’s proposed law to ban non-competes is not expected to come into force without chapter amendments to address various issues, including sector-specific exceptions or buyer protection provisions for M&A transactions.

“I’d be very surprised if the bill is signed without amendments,” said Bradford Lachut, director of government and industry affairs at the Professional Insurance Agents of New York State (PIA NY).

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Jairo Ibarra
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