Bipartisan, bicameral legislation is back. Acting to secure the valuable trade secrets of America’s most innovative and creative companies, a bipartisan group in both the Senate and the House introduced legislation on July 29 that will create a federal civil remedy for trade secret misappropriation.
This is the third in a series of posts addressing how corporate victims of trade secrets theft can enforce their intellectual property rights through the criminal justice system.
The International Trade Commission (ITC) issued a Limited Exclusion Order (LEO) excluding imported crawler cranes from Chinese manufacturer Sany Heavy Industry Co that were designed and manufactured using the misappropriated trade secrets and patented inventions of Manitowoc Cranes.
Many U.S. lawyers are surprised when I tell them that China has legal protection for trade secrets. Although China’s trade secret protections are scattered across several statutes, the most important is the Anti-Unfair Competition Law (“AUCL”).
Social media provides business the opportunity to stay in contact with customers, reach out to prospects, spread news, and keep tabs on competitors.
With the continued success of the auto industry, comes the increase in employee mobility.
Cases Are Easier to Start Than They Are to Finish: California Court Awards $180,000 in Sanctions for Meritless Trade Secret Misappropriation Lawsuit Brought in Bad Faith
The California Court of Appeal has upheld an award of monetary sanctions against a company that brought a lawsuit against its competitor that the court found was meritless and intended to stifle competition. Cypress Semiconductor Corp. v. Maxim Integrated Products, Inc., H038555 (Apr. 28, 2015).
Historically, confidential and proprietary information, such as the formulas for Coca-Cola and Pepsi, is trade secret information that will not be made available to the public during litigation.
In a previous post, we examined T-Mobile’s complaint against Chinese smartphone marker Huawei and its US subsidiary, in which T-Mobile accused Huawei employees of stealing trade secrets relating to a mobile phone testing robot named “Tappy”.
When discussing trade secrets and strategies to protect valuable proprietary information, most companies focus on their outbound risk.