Tag Archives: Business Trade Secrets
Defending a Trade Secret Misappropriation Allegation
Trade secret misappropriation can lead to very serious consequences. Your company might face a misappropriation claim for many reasons, from the careless actions of a single employee to a good faith misunderstanding or even simply because another business is taking illegitimate legal action. If you, or your company, has been accused of trade secret… Read More »
President Obama Signs the ‘Defend Trade Secrets’ Act
The Defend Trade Secrets Act (DTSA) of 2016 was recently signed into law by President Barack Obama. The legislation gives companies important new trade secret related legal protections. Under the DTSA, companies may now bring a federal cause of action for trade secret misappropriation. Prior to the signing of this legislation, trade secrets were… Read More »
What Qualifies As A Trade Secret?
Trade secrets can include a wide variety of confidential business information. Ranging from scientific formulas and computer codes to marketing plans and pricing strategies, these truly innovative ideas are often among a company’s most valuable assets. The law allows for these ideas to be protected as trade secrets. It gives businesses a real incentive… Read More »