Employment

Non-compete agreements will be banned in New York — and employers will be subject to lawsuits for attempting to enforce them — if the governor signs a bill passed by the state legislature. Mintz attorneys discuss the sweeping proposed law, the implications for employers, and questions left open by the language of the bill.

The FDIC has updated its Frequently Asked Questions related to the failure of Silicon Valley Bank following the government’s decision to invoke the systemic risk exception to protect all depositors by making them whole.

Resources and insights to help clients and companies navigate the evolving situation.

In this alert, we discuss a joint press release issued by the FDIC, the Federal Reserve, and the Department of the Treasury, on March 12, 2023, announcing that the Federal Reserve has invoked the systemic risk exception, thereby protecting all depositors of Silicon Valley Bank.