Around the globe, dozens of countries are considering or enacting legal reforms to grapple with the growing misappropriation of trade secrets.
Spell check features in word processing programs sent correction fluid the way of the buggy whip. Walter Liew and Robert Maegerle, however, saw a $28 million dollar payout to sell the secrets to, among other things, Liquid Paper. It is doubtful that they can “white out” the bars of their new prison cells, though.
Trade Secret Saturdays is a new initiative for a weekly round-up of articles and blog posts focused on trade secrets that caught our attention or that should be on your company’s radar screen. Enjoy.
In today’s competitive marketplace trade secrets are an organization’s most valuable asset. The only way to ensure protection of a trade secret is to keep the information confidential.
A recent federal court decision in California illustrates the care that plaintiffs should take when pleading their own claims in trade secrets cases, lest they provide defendants a ready basis for dismissal.