LexBlog IP

MARCH 18, 2024

AI tools such as Chat GPT and Otter are becoming common programs that employees use to help streamline business tasks. The use of an AI tool to, for example, record a meeting that discusses company confidential information, can give rise to claims of trade secret misappropriation. For example, in a recently filed complaint in the U.S.

Confidentiality 52

Confidentiality Technology Contracts Reporting 52

Kashishipr

JANUARY 27, 2022

For maintaining a competitive edge in the market, businesses need to keep innovating. It applies to different aspects of a business, such as finance, corporate transactions, negotiations, employment agreements, technologies, to name a few. In the present era, working business environments have become significantly dynamic.

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LexBlog IP

OCTOBER 19, 2023

A debate is growing within the trade secret community about the scope of information that should be protected–specifically, confidential information that does not rise to the level of a trade secret. On October 12, 2023, in Hanneman Family Funeral Home & Crematorium v.

Confidentiality 52

Confidentiality Contracts Government Law 52

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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Business Privacy Contracts Confidentiality 110

IP Law 360

NOVEMBER 29, 2023

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. partner but that it may well have stolen confidential information to use to its advantage.

Contracts 52

Contracts Confidentiality Business 52

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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Contracts Business Confidentiality Privacy 52

LexBlog IP

DECEMBER 2, 2021

Shi then left Elation to start a business marketing “similar, if not identical software” using replicated source code. 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. ’” (Quoting Sweet v.

Confidentiality 52

Confidentiality Settlement Publishing Contracts 52

Patently-O

OCTOBER 7, 2021

US Courts typically enforce choice-of-forum provisions found within contracts between two business entities. But, they did not enter such a contract. 2021)( KannuuSamsungDecision ). ” The potential deal fell apart and Kannuu eventually sued Samsung for patent infringement. Dodocase VR, Inc. MerchSource, LLC , 767 F.

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Contracts Intellectual Property Confidentiality Patent Infringement 70

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.

Confidentiality 52

Confidentiality Contracts Licensing Inventor 52

Kashishipr

FEBRUARY 16, 2022

IP licensing provides business companies and organizations with additional or core revenue streams, which enables them to increase brand awareness, enhance their overall reputation, and extend their offerings (products or services) into new geographies and markets across the globe cost-effectively. Understanding the IP License.

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Licensing Business IP Ownership 98

LexBlog IP

JULY 26, 2023

In this article, we will delve into the key provisions of these laws and their implications for e-commerce businesses in the UAE. Electronic signatures are recognized as equivalent to handwritten signatures, and contracts remain valid and enforceable if made using electronic documents. These contracts are legally valid and enforceable.

Business 52

Business Advertising Advertising Contracts 52

IPilogue

MAY 17, 2022

It may be no secret that trade secrets contribute to a business’ economic value and confer a ‘competitive edge.’ 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. This suit was first dismissed by a Minnesota court.

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Confidentiality Contracts Intellectual Property Business 119

LexBlog IP

APRIL 17, 2023

In recent years, cybersecurity has become a significant concern for businesses of all sizes across the United States, and Florida is no exception. Below are the top five cybersecurity concerns for Florida businesses: Phishing Attacks. In Florida, phishing attacks are one of the most common types of cyber attacks that businesses face.

Business 52

Business Social Media Confidentiality Technology 52

IP Tech Blog

FEBRUARY 8, 2024

In light of this change, businesses should understand how the laws impact their employment practices and implement strategies to ensure they comply. 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.

Law 57

Law Contracts Confidentiality Business 57

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.

Confidentiality 52

Confidentiality Contracts Business Litigation 52

Trading Secrets

OCTOBER 18, 2023

Specifically, the new law, signed by Governor Newsom on September 1st, provides that any contract that is void under California law is unenforceable regardless of where and when the employee signed the contract. Section 16600 of the Business and Professions Code is amended to read: 16600. (a) Arthur Andersen LLP (2008) 44 Cal.4th

Law 59

Law Contracts Business Confidentiality 59

LexBlog IP

FEBRUARY 8, 2024

In light of this change, businesses should understand how the laws impact their employment practices and implement strategies to ensure they comply. 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.

Law 52

Law Contracts Confidentiality Business 52

IPilogue

JANUARY 25, 2023

Within minutes of working there, I was already growing in my legal development from being academically into practically trained as I learned about my supervisor’s door policy, to protect Teva’s confidentiality in all dealings. As obvious as it sounds in hindsight, his door policy really opened my eyes.

Confidentiality 106

Confidentiality Contracts Intellectual Property Law Litigation 106

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. A trade secret gives a competitive edge to brands and businesses over their rivals in the industry. Information Protected by a Trade Secret .

Intellectual Property 119

Intellectual Property Confidentiality Public Domain Business 119

Trading Secrets

NOVEMBER 10, 2023

In 2015, Boston Beer hired Brian Soudant, who was eventually promoted to a manager of IT, sales, and business analysis. 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.

Confidentiality 59

Confidentiality Marketing Marketing Contracts 59

LexBlog IP

SEPTEMBER 12, 2023

Introduction: If you’re a small business owner, you’ve likely heard about the proposed rule by the Federal Trade Commission (FTC) to ban non-compete clauses. You might be wondering what this means for your business and what you should do if the rule becomes law. Let’s break it down.

Confidentiality 52

Confidentiality Contracts Business Marketing 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. The memorandum addressed a fact pattern common to readers.

Confidentiality 64

Confidentiality Settlement Contracts Business 64

IP Law 360

SEPTEMBER 15, 2023

Postal Service of misappropriating the company's confidential business knowledge and wrongly terminating its contract after the post office launched its own e-commerce platform. A Utah federal judge Thursday shaved off claims in a $500 million lawsuit brought by a third-party reseller accusing the U.S.

Confidentiality 40

Confidentiality Contracts Business 40

Indiana Intellectual Property Law

FEBRUARY 21, 2023

Crowne Point, Indiana – The Plaintiff, Illinois Central Railroad (“IC”) filed suit against Defendant and former employee, Michael Belcher (“Belcher”) for Breach of Contract, Breach of Duty of Loyalty, Civil Conversion, Indiana Uniform Trade Secrets Act, Defend Trade Secrets Act, and Trespass to Chattels. Continue reading

Confidentiality 52

Confidentiality Intellectual Property Contracts Business 52

LexBlog IP

OCTOBER 18, 2023

Specifically, the new law, signed by Governor Newsom on September 1st, provides that any contract that is void under California law is unenforceable regardless of where and when the employee signed the contract. Section 16600 of the Business and Professions Code is amended to read: 16600. (a) Arthur Andersen LLP (2008) 44 Cal.4th

Law 52

Law Contracts Business Confidentiality 52

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.

Confidentiality 75

Confidentiality Contracts Business 75

IP Law 360

MAY 4, 2023

A Pennsylvania federal judge has thrown out multiple claims in a lawsuit between a sub sandwich shop founder and the business he sold it to, including those alleging the shop's founder swiped confidential business details from the current owner, but left intact a handful of breach of contract claims.

Confidentiality 40

Confidentiality Contracts Business 40

LexBlog IP

NOVEMBER 10, 2023

In 2015, Boston Beer hired Brian Soudant, who was eventually promoted to a manager of IT, sales, and business analysis. 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.

Confidentiality 52

Confidentiality Marketing Marketing Contracts 52

LexBlog IP

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. The memorandum addressed a fact pattern common to readers.

Confidentiality 52

Confidentiality Settlement Contracts Business 52

IP Law 360

SEPTEMBER 27, 2022

Postal Service wrongly terminated a contract with a third-party reseller after the post office launched its own e-commerce platform and also allegedly swiped the company's confidential business knowledge, according to a lawsuit in Utah federal court.

Confidentiality 40

Confidentiality Contracts Business 40

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.

Confidentiality 52

Confidentiality Contracts Litigation Business 52

JD Supra Law

JANUARY 18, 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.

Confidentiality 52

Confidentiality Contracts Business 52

JD Supra Law

JANUARY 17, 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.

Confidentiality 52

Confidentiality Marketing Marketing Contracts 52

IPilogue

SEPTEMBER 2, 2021

American actress Scarlett Johansson, known for playing the Black Widow in Disney & Marvel’s The Avengers franchise, took action against Disney on July 30, 2021 for an alleged breach of contract involving the recent Black Widow film’s distribution. In contract law, ambiguity is addressed in several ways.

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Contracts Confidentiality Law IP 106

LexBlog IP

FEBRUARY 2, 2023

Non-compete clauses serve to protect a business’s trade secrets and other confidential information, which makes the adoption of such a rule a major concern for all US businesses. The comment period for this proposed rule ends on March 10, and businesses should consider voicing their concerns before the deadline.

Confidentiality 52

Confidentiality Business Contracts Ownership 52

LexBlog IP

APRIL 21, 2022

Trade secrets are always at risk when engaging in corporate deals that require the disclosure of confidential information. A recent decision from the 8 th Circuit affirming grant of a motion to dismiss a breach of contract action between a company and its financial advising firm.

Confidentiality 52

Confidentiality Contracts Editing Business 52

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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Confidentiality Contracts Intellectual Property Law Journalism 51