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In any trade secret case, the odds are strongly against the defendant: A study by the legal analytics firm Lex Machina of all trade secret cases in US District Courts from 2021 to 2023 found that ...
Between October 2002 and January 2003 five Chinese businessmen were accused of illegally shipping equipment and trade secrets from California to China, [11] and U.S. officials prevented a Chinese man from shipping a new, high-speed computer used in classified projects (including nuclear-weapons development) from Sandia National Laboratories. [11]
A trade secret is a form of intellectual property comprising confidential information that is not generally known or readily ascertainable, derives economic value from its secrecy, and is protected by reasonable efforts to maintain its confidentiality. [1] [2] [3] Well-known examples include the Coca-Cola formula and the recipe for Kentucky ...
A trade secret is any “formula, pattern, device or compilation of information which is used in one’s business, and which gives [the employer] an opportunity to obtain an advantage over competitors who do not know or use it.” [2] "New York courts typically consider the following factors in determining whether there is a trade secret: (1 ...
Inevitable Disclosure of Trade Secrets by Ivan Hoffman; The Inevitable Disclosure Doctrine - A Necessary And Precise Tool For Trade Secret Law by Cameron G. Shilling; The Inevitable Disclosure of Trade Secrets: The Rebirth of a Controversial Doctrine and Where the Courts Stand by Jeffrey S. Klein and Gregory Silbert, Weil, Gotshal & Manges LLP
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The Defend Trade Secrets Act of 2016 (DTSA) (Pub. L. 114–153 (text), 130 Stat. 376, enacted May 11, 2016, codified at 18 U.S.C. § 1836, et seq.) is a United States federal law that allows an owner of a trade secret to sue in federal court when its trade secrets have been misappropriated. [1]
The Directive (EU) 2016/943 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure is a directive of the European Parliament and the European Council which was adopted by the European Council on 27 May 2016, following an agreement reached with the European Parliament on 15 December 2015, [1] and amendment by the ...