By Nicolas A.Lussier, and Nicholas H. De Baun

Seyfarth Synopsis: On November 17, 2023, New York Governor Kathy Hochul signed into law S4516, a significant amendment to Section 5-336 of the New York General Obligations Law. This legislation marks a critical expansion in the state’s ongoing efforts to regulate settlement agreements, particularly with respect to non-disclosure agreements (NDAs)

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