Keep Up with Current Employment Law Issues

What is a Restrictive Covenant?

Our last blog article provided an update on the state of New York law concerning non-compete provisions. Although the subject of non-competes continues to attract a lot of media attention, and will no doubt lead to a further update by us over the next year or so, we turn now to the state of New York law concerning restrictive covenants other than non-competes. A restrictive covenant is a contractual provision that many employers include in employment and severance agreements. They are designed to limit the activities of a former employee or a former owner of a company for a fixed period of time following the end of the employment relationship or after the sale of a company to protect the former employer’s or buyer’s supposed legitimate business interests. In addition to employment and severance agreements, these covenants can often be found in such documents as:

What is a Non-Compete?

As all of our readers undoubtedly know, a non-compete provision is a type of restrictive covenant that many employers include in employment and severance agreements to restrict a former employee’s ability to work for a competitor after the cessation of his or her employment.

Richard Friedman PLLC is pleased to announce ​that Rich will be serving as the lead panelist at two CLE programs at the NYC Bar Association’s 5th Annual Employment Law Institute ​on March 8, 2019​. The panel discussions will provide a comprehensive overview of the recent trends, developments, and emerging issues in employment law. Rich is organizing programs entitled “Litigating Wrongful Termination Claims,” “Critical Issues in Executive Compensation and Severance Agreements,” and the plenary session entitled “New Strategies For Conducting Sexual Harassment Investigations and Litigation” and will serve as the lead panelist on the latter two programs.