Trade secrets are often a central component to your business’ success. Whether it be confidential customer lists, software programs, recipes, or any other protected information, the theft of trade secrets can be quite damaging to a business. Trade secret theft is most often committed...
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Qualcomm, a telecommunications company that focuses on the development and licensing of mobile phone chips, recently accused Apple of stealing trade secrets and giving them to competitor Intel Corp. In its lawsuit, Qualcomm asserts that Apple unlawfully transmitted the company’s trade secrets for the purpose of improving upon chipsets like those manufactured by...
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Your trade secrets are likely an invaluable part of your business’ success. Trade secrets can include formulas, patterns, practices, and processes that are unique and confidential. Your trade secrets can be found in your restaurant’s special recipes, your proprietary method for creating products, or...
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What steps should employers take to facilitate the protection of their DTSA rights?
When President Obama signed the DTSA into law this past May, he provided employers with a method for dealing with trade secret misappropriation claims. The recognition that trade secrets "make up an increasingly important part of American companies’ intellectual property...
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When President Obama signed the Defend Trade Secrets Act (DTSA) last month, he provided business owners with another tool to protect the confidential information that gives them an economic advantage over their competitors. There is now a new cause of action in federal court designed to...
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What are the details of the trade secret lawsuit involving Caterpillar?
In December 2015, the construction equipment maker Caterpillar was ordered by a federal jury to pay $73.6 million for stealing the design of one of its vendors, Miller U.K., Ltd. The vendor had designed a coupling device that links heavy buckets to...
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