Massachusetts Governor Proposes Banning Non-Compete Agreements
On April 10, 2014, Massachusetts Governor Deval Patrick introduced an economic development package that includes a law barring non-compete agreements in the state. Patrick says that the measure would permit the free flow of talent particularly in the technology sector in the state. He noted that California has a legislative ban on non-competes and maintains a robust technology sector.
The Governor's proposal would also enact the Uniform Trade Secrets Act to enhance the protection of proprietary company information. Massachusetts is one of the few states never to have enacted a version of the act.
Read The Boston Globe's article on this topic: Patrick looks to eliminate tech noncompete agreements.
This article was featured in the April issue of Stinson Leonard Street's Business Torts Update, which focuses on recent developments affecting litigation of securities law, whistleblower, trade secret and non-compete claims.