The Legal Counselor - November 2011

In this Issue: Hooters Sues Competitors for Trade Secret Theft; Things to Consider Before Hiring Employees in Brazil; Legal Issues With Appointing Commercial Agents in Colombia; Sanctions in Iran: Are They Effective?; and Dubai and Hawkamah to Develop a Corporate Governance Code.

Excerpt from "Hooters Sues...":

The mobility of the workforce can be a downright menace for companies whose competitive edge depends on proprietary information, and whose doesn't these days? A disgruntled employee can literally walk out the door with the company’s secrets in his pocket. Such is the case in Hooters of America, LLC v. La Cima Restaurants, LLC. Hooters, the world famous restaurant known for its overly-friendly female waitresses, has recently sued a competitor, alleging misappropriation of trade secrets and seeking various injunctive relief. The lawsuit claims that Joseph Hummel, Hooters’ former vice president of operations and purchasing, took valuable trade secrets and delivered them to the competitor upon being employed there.

Corporate executives need to know that they have the recourse to aggressively protect their trade secrets. In this article, Chad provides valuable insight into the legal issues that often underlie trade secrets litigation and some of the practical steps that employers can take to help safeguard their confidential information.

Please see full publication below for more information.

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Published In: General Business Updates, Finance & Banking Updates, Intellectual Property Updates, International Trade Updates, Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Michael Diaz Jr. - Diaz Reus International Law Firm | Attorney Advertising

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