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Trade Secrets

Is Your Business' Confidential Information Legally Protected?

Brad Reid | Posted 09.15.2014 | Small Business
Brad Reid

While copyrights, patents, and trade secrets are broadly legally protected from third-party appropriation and use, confidential information may not be legally protected in the absence of an agreement between the parties in question. Entrepreneurs, inventors, and small businesses must not overlook this important issue.

What's Your Secret?

Nora T. Akins | Posted 08.16.2014 | Business
Nora T. Akins

The first step employers should take is to determine what should be protected. Next, refine policies to include those specifics, such as client names and contact information, sources for supplies, proprietary processes or formulas.

Inevitable Disclosure Doctrine Prevents Working for Competitors

Brad Reid | Posted 06.28.2014 | Business
Brad Reid

Inevitable disclosure is best viewed as a secondary line of defense against the possible loss of trade secrets when there are no contracts. Since intellectual property is a valuable asset, both employers and employees should consult an experienced attorney in these situations.

Non-Disclosure Agreements May Not Protect Intellectual Property

Brad Reid | Posted 05.24.2014 | Business
Brad Reid

This case contains several lessons. First, there must be confidential information or trade secrets in order to have a meaningful confidentiality and non-disclosure agreement.

HTC Executives Arrested Over Allegedly Leaking Secrets To China

Reuters | Clare Jim | Posted 09.02.2013 | Technology

TAIPEI (Reuters) - Three HTC Corp design executives were arrested on suspicion of leaking trade secrets, sending the Taiwanese smartphone maker's shar...

Dentist Sues Wal-Mart: 'They Stole My American Dream'

Al Norman | Posted 04.22.2013 | Business
Al Norman

"I promised my investors Wal-Mart, but when Wal-Mart pulled out, I lost my investors and my bank support. I lost everything. I have lost 5 years of my life. I lost my home and properties; I lost my cars, investments, and savings. Everything was taken from me."

Trade Secrets May Be Lost

Brad Reid | Posted 07.16.2012 | Business
Brad Reid

One cannot be too careful or continually vigilant that everyday conduct does not negate the initial precautions. This would be like purchasing a safe but failing to lock the door. Companies have discontinued factory tours due to trade secret disclosure concerns.

AIG Sues Former Exec, Claiming He Stole Trade Secrets

Reuters | Posted 06.24.2012 | Business

By Grant McCool April 24 (Reuters) - American International Group Inc has sued the co-founder and former chief execut...

Dave Jamieson

'Breastaurant' Feud: Hooters Sues Rival For Stealing ‘Trade Secrets’

HuffingtonPost.com | Dave Jamieson | Posted 11.30.2011 | Business

WASHINGTON -- Hooters, the restaurant chain famous for its scantily clad Hooters Girls, sued the partner of an upstart rival in Georgia federal court ...

JPMorgan Fires Back At Madoff Trustee

Bloomberg News | Linda Sandler | Posted 05.25.2011 | Business

JPMorgan Chase & Co. (JPM), sued for $6.4 billion by the trustee for Bernard L. Madoff's firm, said the trustee has no right to "abrogate" a yearlong ...

Eight Of America's Most Secretive Companies

24/7 Wall St. | Posted 05.25.2011 | Business

The need for secrecy in business has led to a shadow industry known as industrial espionage. The practices of "spying" used to be physical. A spy woul...

Man Stole $20M Of Trade Secrets For Chinese Competitor

AP | Posted 05.25.2011 | Chicago

CHICAGO — A New Jersey man who was a chemist for a suburban Chicago-based paint company has pleaded guilty to stealing trade secrets. Federal p...

Thomas' English Muffins Sues To Keep 'Nooks & Crannies' From Hostess

AP | MARYCLAIRE DALE | Posted 05.25.2011 | Home

PHILADELPHIA — Chris Botticella knows the secret to those "nooks and crannies" in Thomas' English Muffins – the way they cradle butter and...