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Business Confidentiality Contracts 
JD Supra Law
SEPTEMBER 11, 2024
Businesses can prevent third parties from misusing their valuable and commercially sensitive business information and trade secrets through contracts and the common law in Canada. By: Smart & Biggar
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SpicyIP
APRIL 29, 2023
Image accessed from here While there are many factors which result in the success of business organizations, their ability to use sensitive procedures and advanced technology, thereby protecting their confidential information, can be another crucial aspect of remaining competitive in the market. Nirtech Private Limited & Ors. ,
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Intepat
MAY 24, 2023
Intellectual property rights may be established, protected, or granted to another party by contracts or agreements. Considering that the subject matter is so complex, the law regarding contracts is usually handled by lawyers who specialize in it.
JD Supra Law
JANUARY 17, 2024
As technology continues to evolve, the use of generative artificial intelligence (AI) in business operations is reshaping the way we approach standard tech transactions.
73 
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.
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.
LexBlog IP
JANUARY 1, 2024
Introduction: The protection of confidential information is an important aspect of employer-employee relationships, and the UAE has established comprehensive laws to address violations of confidentiality clauses. This clause aims to protect the legitimate business interests of employers.
IP Law 360
DECEMBER 2, 2024
and a subsidiary are suing a former director of operations, accusing him of sharing confidential information with a former business partner, among other alleged contract breaches. Cannabis cultivator Curaleaf Inc.
Trading Secrets
JULY 19, 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.
IP and Legal Filings
JULY 16, 2024
Introduction: As the world continues to globalise borders remain sheer depiction of sovereign powers and does not act as a hurdle to business and trade. Businesses are no longer prone to just domestic competition; they now compete with international competition as well. What is a Trade Secret?
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.
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.
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.
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.
52 
SpicyIP
SEPTEMBER 2, 2024
Image by storyset on Freepik Recently, the Delhi High Court (DHC) issued an interim injunction in a lawsuit concerning trade secrets and confidential information. The first, is if there is a contract between both parties that contains a specific obligation to protect confidential information. 2 should be restrained.
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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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.
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.
LexBlog IP
AUGUST 17, 2021
Another example of businesses that have many trade secrets is legacy manufacturers which need to protect how products are made, what products are made out of, etc. ” But all businesses – even the most “simple” – have trade secrets. .” – with many businesses having much more.
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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.
98 
IIPRD
NOVEMBER 7, 2024
It has brought about an increase in patent, copyright and trade secret disputes, making it crucial for the businesses to clearly highlight who owns the IP in an employment agreement. [1] Ownership of intellectual property developed by employees while they are employed is the subject of disputes of most of the businesses.
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.
119 
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.
52 
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.
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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.
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.
57 
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 .
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
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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
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.
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.
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.
52 
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.
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.
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.
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
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.
IP.com
OCTOBER 2, 2024
In the modern business landscape, intellectual property (IP) is one of the most valuable assets a company can possess. LEARN MORE ABOUT IP SUITE Identifying Your Existing (Potential) Intellectual Property The first step in creating an IP strategy is identifying the different types of intellectual property your business holds.
52 
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.
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.
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.
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.
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.
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