The Uniform Trade Secrets Act defines trade secrets as information -- such as a formula, process, method, or technique -- that derives independent value from not being generally known to others in the trade and that is the subject of efforts to maintain its secrecy....
Laws exists to protect people from harmful situations, settle debates and clarify morally and ethically nebulous territory. Most of the laws that make our society run are crafted in good faith and are designed to address real-world problems. Some laws, however,...
The subject of trade secret litigation may involve a business's most secretive business or technical details, which the firm considers essential to its success. Oftentimes, trade secret litigation involves a former employee who shares their company's confidential...
Many business owners and employees can attest that trade secret litigation in California is not uncommon. There have been many cases where companies have sued former employees for starting their own businesses after stealing trade secrets. Whether you are an employee...
Trade secrets are the lifeblood of many companies, and they include confidential information like procedures, processes, methods, formulas, business plans and internal marketing data. It is vital to protect this crucial information from competitors for sustainability...
Most companies have valuable confidential information or trade secrets which they protect from being leaked to the public. In business transactions, companies receive and exchange private information with their customers or suppliers. To prevent unauthorized...
On Oct. 25, Epic Games sued a former employer for misappropriating a trade secret and breaching a nondisclosure agreement when he allegedly publicized information about a new season of the game before its Oct. 15 release, according to WRAL TechWire.The...
In March, MillerCoors sued Anheuser-Busch after AB’s prominent Bud Lite Super Bowl ad and billboard campaign highlighting that MC uses corn syrup in the brewing process for Miller Lite and Coors Light. MC accused AB of misleading the public into thinking...
At , in , we represent a variety of clients in trade secret matters. We regularly talk about trade secret issues in this space and today we take note of a recent Illinois case that provides an interesting analysis of the requirement that to...
We have talked about trade secrets, a type of intellectual property that has no government process of registration like copyrights or trademarks. Yet, trade secrets can be highly valuable and important to the success of a business. A trade secret is specific...
