'Confidential' Settlement Agreements In NY? Think Again

Law360, New York (March 28, 2013, 9:39 AM EDT) -- Settlement agreements almost always provide that the terms are confidential and may include draconian provisions if a signatory to the agreement publicizes its terms. Clients and counsel assume confidentiality of settlement agreements. However, a New York statute turns this assumption on its head in New York state court.

In addition, New York state and federal case law support production of confidential settlement agreements in discovery. Potential disclosure is not the expectation of clients when these documents are signed. We caution practitioners to advise clients that confidential...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.