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Trade Secrets › Sensitive Business Information

A Trade Secret is any information, not generally known or easily ascertainable, by which an enterprise develops an economic advantage over competitors or customers. In order to maintain trade secrets'... more +
A Trade Secret is any information, not generally known or easily ascertainable, by which an enterprise develops an economic advantage over competitors or customers. In order to maintain trade secrets' protected legal status, enterprises must make reasonable efforts to keep the information secret and prevent unnecessary disclosure.  Trade Secrets may include processes, formulas, methods, designs, patterns, et cetera.   less -
Epiq

Confidential Business Information: Protecting an Organization’s Most Valuable Secrets

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When it comes to the true source of a company’s value, it’s not necessarily in the products or the services they offer, nor is it in the brand they’ve carefully developed. The core of a company’s value is in the trade secrets...more

Kerr Russell

FTC Ban on Non-competes Will Expand Trade Secrets Litigation

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The final rule is the anticipated result of years of workshops on the topic, and follows the FTC’s January 19, 2023 proposed rule and 90-day public comment period. Enactment of a federal ban is not surprising, given that many...more

Lippes Mathias LLP

Efficiency at What Costs? Creating Internal AI Policies Mitigates Legal and Business Risks Now.

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With the increase in popularity of artificial intelligence uses in business, companies are scratching the surface of AI’s potential to create efficient processes, automate tasks, and generate content at a low cost. With...more

Array

Cybersecurity and eDiscovery: What you need to know about your vendor

Array on

Baker McKenzie recently released their sixth annual edition of ‘The Year Ahead: Global Disputes Forecast’ in which senior legal and risk leaders share what they expect to see in the coming year. From an overarching...more

Fisher Phillips

6 Proactive Tips to Address Employee Defection Concerns Before a Crisis Unfolds

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It is often said that the best defense is a good offense. That is certainly true if you are an employer conducting a risk assessment of potential employee defections that could expose your company to losses of valuable...more

Holland & Knight LLP

Commercializing Your Startup's Big Secret Without Losing Its Value

Holland & Knight LLP on

Congratulations! Your startup is developing a revolutionary product or service that has the potential to transform an industry. Whatever the nature of that new product or service, at its core is an innovation – perhaps an...more

Rumberger | Kirk

Florida Still Strongly Favors Employer’s Non-Compete Agreements 

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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

Butler Snow LLP

Protecting Your Trade Secrets and Confidential, and Sensitive Information from a Public Records Request

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It is common for businesses to disclose confidential information to governmental entities for regulatory and/or other purposes. However, once that information is disclosed, it may be vulnerable to public records requests....more

Akerman LLP - HR Defense

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

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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

Reveal

[Webinar] The Hidden Gems of eDiscovery AI: Advanced techniques to supercharge your process - July 29th, 1:00 pm - 2:00 pm EST

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Many legal professionals are familiar with eDiscovery and the benefits the technology provides. However, what may not be common knowledge is the power that artificial intelligence brings to the table and the techniques that...more

Snell & Wilmer

A Planned Executive Order Regarding Competition

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Neil Irwin of the New York Times reported on Thursday morning that President Biden is preparing an Executive Order focused on competition policy. He reports that people familiar with the Order say one section has several...more

Snell & Wilmer

Protecting Your Trade Secrets in the COVID-19 Environment

Snell & Wilmer on

In addition to the many complications, concerns and changes that working in the COVID-19 environment brings, it is important to evaluate the impact it plays on a company’s internal workings, one of which is a company’s trade...more

Hogan Lovells

Practical business tips to weather COVID-19: Employees trade secret protection policies and procedures

Hogan Lovells on

The risk of disclosure of sensitive business information significantly increases with more employees working remotely due to COVID-19 as information is accessed outside the office. ...more

Seyfarth Shaw LLP

Maine Considers Trade Secret Protection for Cannabis Companies

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Maine is on track to launch its first recreational marijuana businesses in June, four years after its residents voted in favor of legalization. A year ago, Maine created an Office of Marijuana Policy (OMP) within its...more

The Volkov Law Group

Trade Secret Risks, Criminal Prosecutions and Protecting Trade Secrets

The Volkov Law Group on

Businesses understand that their trade secrets are valuable assets. However, businesses fail to understand how vulnerable their trade secrets are to misappropriation and straight-out theft....more

Littler

Littler Global Guide - Belgium - Q3 2018

Littler on

Law Implementing GDPR Published in Belgian Official Gazette - New Legislation Enacted - The Belgian Law of July 30, 2018, on the protection of natural persons with regard to the processing of personal data was...more

Payne & Fears

Don’t Let Technology Run Away With Your Customer Information

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For many companies, customer information ranks among its most important assets. Yet these days, employees often keep this sensitive customer information in electronic locations that are not readily accessible to or controlled...more

Fisher Phillips

Fear and Trade Secrets on the Campaign Trail

Fisher Phillips on

The Democratic National Committee recently filed a lawsuit against Russia, WikiLeaks, the Trump Campaign, and a bunch of individuals (including Julian Assange, Jared Kushner, and a hacker named “Guccifer 2.0”) that includes...more

Patterson Belknap Webb & Tyler LLP

Stealing Data Without Depriving the Owner of Access Does Not Amount to Conversion

Patterson Belknap Webb & Tyler LLP on

New York recognizes conversion claims based on intangible property, such as electronically stored information or trade secrets.[1] But does a conversion claim exist when the theft of the intangible property does not deprive...more

Payne & Fears

Keys to the Kingdom: How Confidentiality Agreements Are Key to Keeping Business Information Secret

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In today’s business environment, greater employee mobility and technological advances underscore the need to protect a company’s confidential information and trade secrets. Stories of employees departing with confidential...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #94 – Keep Your Day Job and Stay Out of Jail

Robinson+Cole Data Privacy + Security Insider on

One of my favorite lines when I conduct employee education about data privacy and cybersecurity is “Keep Your Day Job.” The context of the comment is when I tell audiences about the dumb moves of employees who think they can...more

Fisher Phillips

Twas the Night Before Christmas -- Non-Compete Style

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Twas the night before Christmas, when all through the company; A disgruntled employee kept saying “please jump with me.” She was trying to line up a grand, mass departure; Of which she was certain no one could...more

Orrick - Trade Secrets Group

Protecting Trade Secrets In Germany

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As Europe’s largest economy, one might expect Germany to provide robust protection of intellectual property assets such as trade secrets....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New Texas Statute Provides Businesses With Added Protection for Their Trade Secrets

Ogletree, Deakins, Nash, Smoak & Stewart,... on

It is 4:00 p.m. on a Friday afternoon. You just learned that your top-performing salesman resigned his position to accept employment with a direct competitor. You quickly locate the salesman’s personnel file to determine...more

Wilson Sonsini Goodrich & Rosati

Recent Federal Court Rulings Reaffirm Broad Supersession of Common Law Claims under California's Uniform Trade Secrets Act

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Last month, two federal district courts reaffirmed that litigants may not plead around California's Uniform Trade Secrets Act (UTSA) by alleging common law tort claims said to protect business information that does not...more

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