Above the Fold

SEPTEMBER 29, 2023

In a world where non-compete agreements are being curtailed or outright banned, companies need to enhance their use of other ways to protect their intellectual property and confidential information when their employees leave to go work for competitors. developed during the term of employment.

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LexBlog IP

SEPTEMBER 29, 2023

In a world where non-compete agreements are being curtailed or outright banned, companies need to enhance their use of other ways to protect their intellectual property and confidential information when their employees leave to go work for competitors. developed during the term of employment.

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JD Supra Law

JULY 20, 2022

It’s a fact pattern that repeatedly arises in trade secret cases: a company hires someone who has a confidentiality agreement with their former employer. Just before (or shortly after) being hired, the individual emails confidential information from their former employer to individuals at their new job.

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LexBlog IP

DECEMBER 2, 2021

A settlement agreement was reached where Elation could inspect the software developed by Shi and prevent the use of any trade secrets or confidential information. Elation is an important decision for California companies suing to recover and prevent the use of confidential information in violation of confidentiality agreements or NDAs.

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Trading Secrets

JANUARY 24, 2024

Specifically, the rule provides that “[n]o person may take any action to impede an individual from communicating directly with the Commission staff about a possible securities law violation, including enforcing, or threatening to enforce, a confidentiality agreement. with respect to such communications.”

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LexBlog IP

JANUARY 24, 2024

Specifically, the rule provides that “[n]o person may take any action to impede an individual from communicating directly with the Commission staff about a possible securities law violation, including enforcing, or threatening to enforce, a confidentiality agreement. with respect to such communications.”

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IP Law 360

NOVEMBER 29, 2023

partner but that it may well have stolen confidential information to use to its advantage. The North Carolina Business Court has axed certain counterclaims against a Swedish company that makes robotic lawn mowers for allegedly bailing on a partnership agreement, finding the Swedish firm owed no fiduciary duty to its former U.S.

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Contracts Confidentiality Business 52

Trading Secrets

JULY 11, 2023

d/b/a Liquid Networx (“Liquid Networx”) and company executives Travis Wood and Robert Short, alleging they misappropriated trade secrets concerning its online platform for handling contracts named Telibid. Teligistics alleged the Liquid Networx “sanitized” its RFP by changing the names of parties to secure contracts for financial gain.

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LexBlog IP

JULY 11, 2023

d/b/a Liquid Networx (“Liquid Networx”) and company executives Travis Wood and Robert Short, alleging they misappropriated trade secrets concerning its online platform for handling contracts named Telibid. 2021) (“[B]usiness information is not necessarily a trade secret simply because it is confidential.”).

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IP and Legal Filings

APRIL 13, 2022

Extent of Undisclosed Information. The protection of undisclosed information is an important facet for pharmaceutical industries, R&D Institutions, and other agencies. Trade-Related Aspects of Intellectual Property Rights (TRIPS) does provide a provision for the protection of undisclosed information.

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The IPKat

JANUARY 31, 2023

In the consequentials hearing judgment [2023] EWHC 138 , the Judge dealt with (1) royalty payments; (2) costs; (3) confidentiality; and (4) permission to appeal. Of the most interesting to this Kat was the treatment of costs (well, some of them), confidentiality and permission to appeal. The result being that money was due.

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IP Law 360

APRIL 5, 2022

A split Eighth Circuit has backed a lower court's decision to toss Minnesota-based Protege Biomedical LLC's suit against a New York-based financial advising firm, saying the adviser did not breach its contract with Protege over an alleged leak of confidential information to a competitor.

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LexBlog IP

JANUARY 4, 2022

Review Your Contracts Every Year. One of the most important tools to protect your business – your ideas (copyrights, trademarks, trade secrets, confidential and proprietary information), customer relationships and talent pool – is your written contract. Franken-contracts can ruin your business.

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IP Law 360

SEPTEMBER 8, 2023

Sony Interactive Entertainment LLC is fighting to disqualify a legal team from representing a Nevada toy-maker that sued Sony in California federal court for contract violations in 2020, arguing the lawyers consulted with the entertainment giant's former in-house counsel who shared privileged information with the plaintiffs.

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IPilogue

MAY 17, 2022

Trade secrets require elements such as: value (economic/industrial), that it is kept secret, and that there are reasonable measures in place to keep it confidential. Once disclosed, the trade secret loses its necessary quality of confidence that makes it confidential and valuable to a business.

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JD Supra Law

JANUARY 19, 2022

Join Us for Protecting Trade Secrets & Gaining a Competitive Edge in the Digital Age - Sophisticated Strategies to Protect Critical Assets When Key Employees Depart & Business Relationships Break Down - The protection of trade secrets by contract, including non-competes and confidentiality provisions, is under attack around the country.

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IP Law 360

NOVEMBER 2, 2022

employees used confidential information from the long-range acoustic device company at a competitor one of them founded, but left room for the case to be amended. A California federal judge has mostly trimmed a lawsuit claiming two former Genasys Inc.

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Contracts Confidentiality 40

Trading Secrets

MAY 9, 2022

It is not enough to simply assume that the new hire will know and abide by his or her obligations, and requires a proactive approach, which may require the company to consider its hiring paperwork (are your current contracts sufficient to protect your interests?), its training procedures, and its off-boarding policies.

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The IPKat

AUGUST 17, 2023

Although her time now is very much spent in Chancery, she still monitors decisions coming from the KBD as many of our confidential information and trade secrets cases come from those hallowed halls. There was no written contract of employment. These terms apply for 12 months after a party stops being a shareholder (i.e.

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Confidentiality Contracts Business Litigation 52

LexBlog IP

MAY 9, 2022

Affirmative proof likely requires disclosing sensitive business information, research and development, or corporate strategy. For many trade-secret litigants and their counsel, the solution lies in simply drafting and agreeing to a protective order governing the treatment of any ‘confidential’ material. 3d 410 (5th Cir.

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IPilogue

JANUARY 9, 2023

Some work highlights for me personally were: drafting a procurement contract, investigating the Patented Medicines Prices Review Board (“PMPRB”) Draft Guidelines, and drafting a response to an Access to Information request. AstraZeneca is a global company, some contracts can require engaging in services in other countries.

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IP Law 360

JANUARY 20, 2023

The past week in London has seen Getty Images sue an AI art platform for copyright breaches, former London mayoral candidate Zac Goldsmith sue Mirror Group Newspapers in a confidential information claim, and legal action brought against Budweiser by pub chain JD Wetherspoon in a commercial contracts claim.

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Trading Secrets

NOVEMBER 10, 2023

The Employment Agreement contained post-employment covenants, including a non-disclosure clause by which Soudant agreed not to use or disclose any Boston Beer confidential information during or after his employment. As part of his employment, Soudant entered an Employment Agreement with Boston Beer.

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Confidentiality Marketing Marketing Contracts 59

IP Tech Blog

FEBRUARY 8, 2024

Moreover, with fewer restrictions on employee mobility post-employment, it is important companies have adequate NDAs and confidentiality agreements in place to protect proprietary information. First, AB 1076 renders all noncompete clauses in employment contracts void. Second, AB 1076 introduces a notice requirement.

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Law Contracts Confidentiality Business 57

JD Supra Law

MARCH 24, 2022

A non-disclosure agreement (“NDA” or “confidentiality agreement”) is a legally enforceable contract that creates a duty for one or more parties to keep certain information confidential.

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GDB Firm Blog

APRIL 1, 2019

You know all about statutory and regulatory requirements for financial institutions to protect customer information that go back to Gramm Leach Bliley. The purpose of the offending clause was to maintain confidentiality of trade secrets and protect customer information. Today's take away? " Jay L.

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LexBlog IP

NOVEMBER 10, 2023

The Employment Agreement contained post-employment covenants, including a non-disclosure clause by which Soudant agreed not to use or disclose any Boston Beer confidential information during or after his employment. As part of his employment, Soudant entered an Employment Agreement with Boston Beer.

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Confidentiality Marketing Marketing Contracts 52

Trading Secrets

FEBRUARY 27, 2024

An employee had an agreement with a company that placed restrictions on the employee’s ability to solicit or accept business from the company’s customers, to disclose confidential information, and to have competitive employment during the term of employment.

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Confidentiality Settlement Contracts Business 64

IP Law 360

DECEMBER 21, 2022

A Texas land surveying company said one of its former vice presidents violated federal law and breached his contract when he allegedly stole confidential information before leaving to join a competitor, according to a lawsuit filed in Texas federal court.

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Confidentiality Contracts Law 52

IP Law 360

SEPTEMBER 21, 2023

A California federal judge has shot down software company WalkMe's request for a temporary restraining order in its suit alleging a rival interfered with customer contracts and accessed confidential information without permission, expediting discovery in the dispute.

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IP Law 360

JANUARY 18, 2022

to help develop a cancer treatment, saying Meridian can't back up its allegations that OncoGenerix misappropriated its confidential information. An Illinois federal judge granted OncoGenerix USA Inc. summary judgment on almost all claims in a suit alleging it violated an agreement with Meridian Laboratories Inc.

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Contracts Confidentiality 40

LexBlog IP

SEPTEMBER 12, 2023

the employee cannot divulge your company’s confidential information) are not “non-competes” but they are often, so broadly drafted , that they have the effect of being a non-compete, although called something different. Stay Informed: Keep an eye on the progress of this rule.

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Confidentiality Contracts Business Marketing 52

Kashishipr

JANUARY 27, 2022

A Non-Disclosure Agreement (abbreviated as NDA) is a legal document signed to safeguard the previously-mentioned sensitive information. In this article, we will focus and analyze only the commercial application of an NDA by understanding how it could be used to protect a business and its IP assets.

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Patently-O

APRIL 25, 2023

NDAs can prevent disclosure of contractually-defined “confidential” information that is shared in the course of a confidential relationship, even if it is not technically a trade secret. NDAs have also not traditionally been treated as contracts in restraint of trade , like noncompetes are.

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LexBlog IP

FEBRUARY 6, 2024

(VANDA’s breach of implied-in-fact contract claim was dismissed). The Court also left open the question of whether VANDA even had any trade secret or proprietary rights in the disclosed information. At the core of the case are two of Vanda’s brand-name drugs, Fanapt and Hetlioz. ” 18 USC § 1905. ​

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Kashishipr

APRIL 20, 2022

In simple terms, trade secrets are Intellectual Property Rights (IPRs) granted on confidential or sensitive info, which may be licensed or sold. Information Protected by a Trade Secret . A still-new form of IP that has gained recognition in the past two decades is trade secrets, which we shall be discussing here in this blog.

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LexBlog IP

FEBRUARY 8, 2024

Moreover, with fewer restrictions on employee mobility post-employment, it is important companies have adequate NDAs and confidentiality agreements in place to protect proprietary information. First, AB 1076 renders all noncompete clauses in employment contracts void. Second, AB 1076 introduces a notice requirement.

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