News & Analysis as of September 20, 2024

Trade Secrets

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Non-Compete Agreements are contracts, typically formed in employment or business purchase contexts, where one party agrees to refrain from engaging in a particular line of work or pursuing business within a certain industry or locale. The purpose of these agreements is to protect employers or business purchasers from competition stemming from former employees or former owners of a business. less -

Florida Still Strongly Favors Employer’s Non-Compete Agreements

Rumberger | Kirk on 4/1/2022

Non-compete and confidentiality clauses have long been a fixture in employment agreements in Florida. However, there has been some dissention as to whether such restrictive covenants continue to apply where an employment...more

Florida Noncompete Agreements: When Are Trade Secrets Protected Under Florida Non-Compete Agreements?

Fox Rothschild LLP on 9/20/2021

Florida Statute § 542.335 lists five legitimate business interests which are protected through non-compete agreements. First on the list is trade secrets which includes information such as formulas, patterns, compilations,...more

New Florida Corporate Espionage Act: Additional Protection for Trade Secrets?

Akerman LLP - HR Defense on 8/2/2021

Florida has given employers a new weapon in their trade secret protection arsenal: the Combatting Corporate Espionage in Florida Act. With the Biden Administration’s goal of curtailing non-competes and the Supreme Court’s...more

Pokémon Go – Employees Stay: A Primer on Florida Non-Competition Agreements

Burr & Forman on 7/21/2016

Pokémon Go is the newest craze to hit smartphones, finding colossal success in America. Some estimates claim that five percent of all android users had installed the game on their phones within one week of launch. Nintendo’s...more

Non-Compete and Trade Secret Provisions: Protecting Your Company and Assets

Akerman LLP - HR Defense on 9/2/2015

Now more than ever, employers must take active steps to protect their confidential information and trade secrets from the prying eyes of competitors. In our digital age, trade secrets can be misappropriated in an instant, and...more

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