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NDA: An Effective Way to Protect Confidential Information

LexBlog IP

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. The jury also found Shi breached the settlement agreement. ” In the partially published case, Elation Sys. Elation appealed the order granting the JNOV.

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DataCamp’s IPTV “Scam Judgment” Claims Withdrawn Pending Settlement

TorrentFreak

What typically follows are months of litigation followed by an announcement that there will be no trial because, against all odds, the parties have agreed to settle their differences after confidential negotiations. Unlike similar lawsuits seen elsewhere, DataCamp didn’t immediately succumb to the pressure.

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SEC Continues to Police Confidentiality Provisions for Theoretical Whistleblower Suppression

Trading Secrets

Morgan Securities, LLC (“JPMS”) for allegedly including overbroad release provisions in settlement agreements. The Securities and Exchange Commission (“SEC”) levied an $18 million fine against J.P. with respect to such communications.” However, Rule 21f-17(a) does not create a private right of action.

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Delaware Judge Seeks to Expose Patent-Litigation Funders

The IP Law Blog

Do defendants and the court have the right to ask who is funding a particular patent litigation? The party must identify the third-party funder and whether the third-party funder has the right to approve litigation or settlement decisions. The issue arose as a result of two standing orders issued by Judge Connolly.

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Medical Device Companies Settle Trade Secrets Dispute for $8,000,000

Trading Secrets

In 2017, Life Spine entered into various agreements with Aegis by which Aegis would sell and distribute ProLift devices while maintaining as confidential all proprietary information related to the devices. Litigation continued for years, with Aegis raising unsuccessful counterclaims.

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Medical Device Companies Settle Trade Secrets Dispute for $8,000,000

LexBlog IP

In 2017, Life Spine entered into various agreements with Aegis by which Aegis would sell and distribute ProLift devices while maintaining as confidential all proprietary information related to the devices. Litigation continued for years, with Aegis raising unsuccessful counterclaims.

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Delaware Judge Seeks to Expose Patent-Litigation Funders

LexBlog IP

Do defendants and the court have the right to ask who is funding a particular patent litigation? ” The second standing order applies when third-party persons or entities are “funding [] some or all of the party’s attorney fees and/or expenses to litigate [the] action.