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4.10.26
Washington State’s Expansive New Non-Compete Ban
On March 23, 2026, Washington State Governor Bob Ferguson signed into law Engrossed Substitute House Bill 1155 (HB 1155), which effectively bans non-compete agreements for all employees and independent contractors in the state. Previously, in 2019 and 2024, Washington prohibited non-compete agreements for lower wage earners and included other requirements for such restrictions.
Alerts
6.13.25
Oregon Enacts Nation’s Most Restrictive CPOM Law
Since publication, the statute referenced in this alert has been amended by HB 3410. Readers should consult this updated law or contact our team for information on updates to the following requirements.
Alerts
10.04.24
California Governor Gavin Newsom Vetoes Law Requiring Attorney General Approval for Certain Healthcare Investments
Last weekend, California Governor Gavin Newsom vetoed Assembly Bill (AB) 3129, which would have required healthcare investors to notify and obtain written consent from the California Attorney General (AG) before investing in certain healthcare facilities and providers. In a letter to the California State Assembly, Governor Newsom reasoned that California’s existing Office of Health Care Affordability (OHCA) is the more appropriate entity for healthcare transaction reviews:
Alerts
9.17.24
Heightened Obligations for Job Postings for Massachusetts-Based Roles
Beginning on July 31, 2025, Massachusetts will join a host of other states1 in requiring employers to provide detailed pay disclosures in public-facing and internal employee job postings pursuant to the recently passed Frances Perkins Workplace Equity Act (the Act). Specifically, the Act will require covered Massachusetts employers to disclose employee pay ranges in job postings and submit annual wage data reports to the Massachusetts Executive Office of Labor and Workforce Development (EOLWD).
Alerts
9.12.24
California Passes Law Requiring Attorney General Approval for Certain Healthcare Investments and Emphasizes Requirements for MSO-PC Models
Pre-Closing Notice or Consent: Assembly Bill 3129 (AB 3129) mandates that certain healthcare investors must provide a 90-day written notice to, or obtain consent from, the California Attorney General (AG) before proceeding with transactions involving specific healthcare facilities and providers.
Client Highlights
6.27.24
Wilson Sonsini Advises Hyperplane on Acquisition Agreement with Nubank
On June 26, 2024, Brazil-based Nubank announced it has agreed to acquire Hyperplane, a data intelligence company from Silicon Valley. Launched in 2022, Hyperplane enables financial institutions to train, evaluate, and deploy self-supervised, deep-learning models on first-party data for decision-making. Their platform serves as a central hub, allowing customers to train hundreds of bespoke models across various business domains such as risk, collections, and marketing. The proposed acquisition of Hyperplane will enable Nubank to create connections between broad contexts, generate valuable insights, support decision-making, and make Nubank’s customers' lives easier.
News Articles
4.04.24
Firm Supports Justice Climate Fund in Successful Bid for $1 Billion Funding Award
On April 4, 2024, the U.S. Environmental Protection Agency and Vice President Kamala Harris announced that Justice Climate Fund (JCF) was selected to receive approximately $1 billion in funding under the Clean Communities Investment Accelerator program. Wilson Sonsini is honored to have supported JCF in connection with this once-in-a-generation commitment to building enduring clean and green financing institutions that deliver transformational climate equity for families and communities across this nation.
Client Highlights
12.03.23
Wilson Sonsini Advises Hawaiian Airlines on $1.9 Billion Acquisition by Alaska Airlines
On December 3, 2023, Alaska Airlines and Hawaiian Airlines announced that they had entered into a definitive agreement pursuant to which Alaska Airlines will acquire the holding company of Hawaiian Airlines for $18.00 per share in cash, for a transaction value of approximately $1.9 billion. Wilson Sonsini Goodrich & Rosati advised Hawaiian Airlines on the transaction.
Client Highlights
9.25.23
Wilson Sonsini Advises Applied Molecular Transport Inc. in its Sale to Cyclo Therapeutics
On September 21, 2023, Cyclo Therapeutics, Inc., a clinical-stage biotechnology company focused on developing transformative therapies for rare and neurological diseases with limited treatment options, and Applied Molecular Transport Inc. (AMT), a biopharmaceutical company, announced that the companies have entered into a definitive agreement pursuant to which AMT will merge with Cyclo Therapeutics in an all-stock transaction. Wilson Sonsini Goodrich and Rosati is advising AMT on the transaction.
Client Highlights
3.07.23
Wilson Sonsini Advises Transcarent in Proposed Acquisition of 98point6 AI-Powered Virtual Care Platform, Care Business
On March 6, 2023, Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care, announced plans to acquire an AI-powered virtual care platform and on-demand primary care business from 98point6. The acquisition will give Transcarent access to 98point6’s technology and an affiliated medical group of providers skilled at delivering high-quality, on-demand care.
Alerts
1.11.23
FTC Takes Action Against Employee Noncompete Clauses Through Rulemaking and Enforcement Actions
On January 5, 2023, the Federal Trade Commission (FTC) voted 3-1 to propose the Noncompete Clause Rule (the rule), which would ban essentially all noncompete clauses that employers impose on their employees and other workers.1
Client Highlights
11.04.22
Firm Advises Bakkt on Acquisition of Apex Crypto
On November 3, 2022, digital asset platform Bakkt Holdings Inc. announced the acquisition of Apex Crypto LLC from Apex Fintech Solutions Inc. in a move that will bolster Bakkt’s cryptocurrency product offering and expand its footprint into new client verticals. Wilson Sonsini Goodrich & Rosati advised Bakkt on the deal.