Just in late last week: Netflix counters the Fox lawsuit with a jab of its own – Netflix claims that the employment agreements that Fox utilizes and its practices concerning those term agreements run afoul of California law.
Virgin Galactic (“Galactic” or the “Company”), the sub-orbital space flight arm of Richard Branson’s Virgin empire, filed suit last week against competing space flight company Firefly Systems, Inc. (“Firefly”) and two of its officers, alleging that Firefly misappropriated its trade secrets and confidential information.
In Reed v. Getco, LLC, the Illinois Court of Appeals was recently faced with an interesting situation: under a contractual non-compete agreement, the employer was obligated to pay the employee $1 million during a six month, post-employment non-competition period.
When distribution agreements are terminated, a delicate issue often arises that is closely related to the need of the supplier to ensure continuity of business thereby preserving the goodwill acquired on the market for the products by the earlier distributor.
Not necessarily in California.
In a decision handed down September 6, 2016, the Ninth Circuit revived the notion, long presumed dead, that an implied confidential relationship can arise from the context of a business communication or relationship.
GlobeRanger is a software company that specializes in radio frequency identification (RFID) technology.
At first glance, you wouldn’t believe Netflix (formerly known as a distributor) would be a competitor of 20th Century Fox (known as a producer).
Ask, Tell, & Do: Three Keys to Using Exit Interviews to Protect Against Trade Secret Misappropriation
Departing employees pose one of the biggest risks of misappropriation of a company’s proprietary and confidential information and trade secrets.