New York’s legislature recently passed the “No Severance Ultimatums Act” which imposes new procedural requirements on employers who offer separation agreements to departing employees. This Act, which we expect will be signed by Governor Hochul, requires immediate action from employers because it will render non-compliant separation agreements void and unenforceable.
The new Act requires that employers provide all employees with a 21-day period to consider the terms of a severance or separation agreement upon the termination of employment, and then a 7-day period to revoke their acceptance after signing the agreement. The Act also requires employers to provide notice to employees of certain rights, and prohibits fraudulent, misrepresenting or threatening actions by the employer to undermine the Act’s protections.
Many of these requirements are already in place in similar form with...
A California man has been sentenced to 60 days in county jail after deliberately brake-checking a semi-truck during a road rage incident before attempting to profit from the crash through a fraudu...