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On March 5, 2015, Senator Paul Farrow of Waukesha County introduced 2015 Senate Bill 69: legislation that would repeal and recreateWisconsin Statute 103.465, the law that governs restrictive covenant agreements in the state (commonly known as non-compete agreements). A copy of the proposed bill can be found here.
The proposed revised statute applies to restrictive covenants between employees or agents and employers or principals. The following are a few highlights:
The aforementioned changes would represent a new era of restrictive covenants in Wisconsin, overturning prior court precedent and providing clarification and guidance where there was previously uncertainty. More importantly, the proposed law would likely make enforcement of restrictive covenant agreements more likely, an effect that generally benefits employers.
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