Trade Secrets

A trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information which is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers. In some jurisdictions, such secrets are referred to as "confidential information", but are generally not referred to as "classified information" in the United States, since that refers to government secrets protected by a different set of laws and practices. It has been theorized that the doctrine of trade secrets should protect competitively valuable, personal information of company executives, in a concept known as “executive trade secrets”.
Posts about Trade Secrets
  • Whistleblower Retaliation Case Leads to $1.4 Million Fine

    … investigation. In May of 2015, the SEC learned of the language and asked SandRidge to remove the anti-cooperation language. The Commission also asked the company to contact its present and former employees and let them know the non-cooperation policy was illegal and had been repealed. SandRidge and Illegal Whistleblower Retaliation In the fall of 2012…

    Due Diligence- 13 readers -
  • Common Questions – Can I Copyright My Formula?

    … Probably not. No matter how new a formula (a.k.a. recipe) may be, if it simply comprises a combination of ingredients mixed together to form a new and unique dish, it is not likely to be copyrightable. And, once published, even if the recipe contains additional descriptions or commentary or similar copyrightable expressive content, nothing would actually prevent someone from making the dish. The post Common Questions – Can I Copyright My Formula? appeared first on Privacy and IP Law Blog. …

    Christina Frangiosa/ Privacy and IP Law Blog- 6 readers -
  • Everything Is Interesting: Making Traditionally Boring Topics Relevant

    … to make way for fire trucks, ambulances, and police cars, Texas drivers would likely be surprised to learn that they have to move over for tow trucks too. Drivers in Arkansas would probably be shocked to know that failure to abide by move over laws could lead to a three-month jail sentence. Content Marketing For Lawyers A proper content marketing…

    Stacey E Burke Blog- 20 readers -
  • Business Owners & the New Federal Claim for Trade Secret Misappropriation

    … On May 11, 2016, Pres. Obama signed into law the Defend Trade Secrets Act of 2016, S. 1890, 114th Congr. (2d Sess. 2016) (“DTSA“), which provides for the first time a federal private right of action to litigants for trade secrets violations. Most states – except for Massachusetts and New York – have enacted versions […] The post Business Owners & the New Federal Claim for Trade Secret Misappropriation appeared first on Privacy and IP Law Blog. …

    Christina Frangiosa/ Privacy and IP Law Blog- 10 readers -

    … When a party breaches a non-compete agreement (with a non-solicitation clause), the non-breaching party typically moves for a temporary injunction. The breaching party is the party that signed the non-compete agreement, such as a former employee or consultant that agreed not to solicit its employer’s customer lists or referral sources upon…

    Florida Construction Legal Updates- 11 readers -
  • How to Develop an IP Portfolio for Small Businesses

    … how do you do it? Intellectual property is generally broken down into four major categories: patents, copyrights, trademarks, and trade secrets. Patent law protects novel inventions, systems, and processes for a term of years. Copyright law protects original works of authorship such as books, music, software, mobile apps, and websites, among…

    Stephen Hoffman/ Hoffman Law Office, P.C.- 13 readers -
  • Copyrighting Software? Don’t Rely on Screenshots Alone!

    …, Inc. v. Manitoba Hydro, the Second Circuit considered whether a plaintiff had jurisdictional standing to file suit for copyright infringement relating to its software – specifically because the plaintiff applied for copyright protection only over screen shots showing various displays that appear when its software was used and not in the software…

    Christina Frangiosa/ Privacy and IP Law Blog- 9 readers -
  • Creating an Enforceable Noncompete Agreement

    … Creating an Enforceable Noncompete Agreement Noncompete agreements, also known as noncompetition agreements or simply noncompetes, restrict what a former employee of a business can do during or after he leaves. Since an employee is typically privy to private business information and trade secrets, these agreed-upon restrictions (a/k…

    Stephen Hoffman/ Hoffman Law Office, P.C.- 11 readers -
  • Can a Court Sanction a Whistleblower?

    … for stealing trade secrets and won. The company was awarded a $9.4 million judgment. Jacobs filed a False Claim Act whistleblower suit on behalf of the U.S. government and claimed that his former employer had defrauded the Navy. Given the timing of the two suits, the judge hearing the whistleblower suit warned Jacobs and his attorney that he would impose…

    Due Diligence- 8 readers -
  • Auditors as Whistleblowers

    … – America’s Whistleblower Lawyers Find me on Google +! This entry was posted on May 7, 2015, 1:00 pm and is filed under Fraud Recovery. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed. …

    Due Diligence- 9 readers -
Get the top posts daily into your mailbox!
See more
Aba Formal Opinion 99 414 Aba Rule 1.9 Breach Of Contract Breach Of Fiduciary Duty Business Law Chester Cekala Commercial Law Common Questions Computer Fraud Conflicts Of Interest Contract Drafting Conversion Copyright Copyright Law Copyright Registration Cyber Espionage Cybersecurity Dicta Dodd Frank Employment Agreement Employment Law Enacted Legislation Entrepreneur Entrepreneurship Facebook False Claims Act Florida Florida Statute 542.335 Former Client Conflicts Fraud Fraud Recovery Gillette Hennepin County Inc. Inc. V. Craig Provost Injunction Injunctions Injunctive Relief Intellectual Property Intellectual Property Law International Trade Ip Ethics Ip Protection Law Firm Breakups Legal Drafting Legalzoom Legislation Legitimate Business Interest Lockstep Compensation Maling Maling V. Finnegan Henderson Manitoba Hydro Massachusetts Superior Court Medicaid Medicare Metal Fatigue Multinational Corporation Non Compete Non Compete Agreement Non Solicitation Clause Noncompete Noncompetition Agreement Paradice & Li Llp Patent Patent Attorney Patent Ethics Patent Law Professor Robert W. Hillman Restrictive Covenant Restrictive Covenants Rss 2.0 Sandridge Energy Seo Separation Agreements Shavelogic Source Code South Texas Supreme Judicial Court Supreme Judicial Court Of Massachusetts Temporary Injunction The Gillette Company Tow Trucks Trade Secret Trade Secret Misappropriation Trademark Trademark Law Twitter Uniform Trade Secrets Act Virginia State Bar Whistleblowers William Paradice Zurvan Mahamedi