article thumbnail

Protecting Your Business’s Confidential Information

JD Supra Law

A few weeks ago, an Ohio federal jury found that Goodyear Tire stole a European inventor’s ideas related to tires that can self-inflate, and awarded the inventor $61.2 million compensatory damages for Goodyear’s theft of the inventor’s trade secrets. million in punitive damages and $2.8 By: Dunlap Bennett & Ludwig PLLC

article thumbnail

Daniel Alexander KC says "no" on indemnity costs, blanket confidentiality orders and permission to appeal in Oxford University Innovation dispute

The IPKat

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Free Online Tools and Resources for Inventors

LexBlog IP

Free Online Tools and Resources for Inventors. As an inventor, you know that protecting your invention is vital to its success. In this blog post, we will discuss several free online tools and resources that every inventor should know about. PATENT SEARCH TOOLS. Google Patents. Link: patents.google.com. UNIVERSITIES.

article thumbnail

Akin Gump Files Petition to Institute Derivation Against Former Vendor Alleging Its Lawyer is True Inventor

Patently-O

Xcential then was the first, and apparently only, one to file a patent application naming its long-time coding expert as inventor. In addition to the petition, Akin Gump filed a lawsuit against Xcential and the named inventor ( here ). The patent application is here. A link to Akin Gump’s petition is here. Stay tuned…

article thumbnail

Squawking over butter chicken: The mystery of the real master chef

SpicyIP

or the exclusive rights over a recipe – breach of confidentiality?; or false advertising – the defendant claims to be the ‘inventor of Butter Chicken and Dal Makhani’; or is there an actual ‘invention’ in question – owners of both restaurants call themselves ‘inventors’ of the dish?

article thumbnail

When Is Trade Secret Protection the Right Choice?

The IP Law Blog

A trade secret is a form of intellectual property that protects confidential business information that (1) has economic value, providing a business with a competitive advantage, and (2) is not generally known or readily accessible to others. Also, confidential business information is not a trade secret if it can be reverse-engineered.

article thumbnail

Here’s What Businesses Need to Know About a Non-Disclosure Agreement

Kashishipr

In legal terms, it is a contract signed amongst at least two parties looking forward to detailing confidential knowledge, clauses, statements, or any information they wish to restrict from access by third parties. Understanding the Relevance of an NDA. Therefore, many companies are way too vigilant about protecting their IP assets.

Business 105