California Business and Professions Code section 16600 states that “every contract by which anyone is restrained from engaging in a lawful profession, trade, or business of any kind is to that extent void.” This statute has been interpreted to mean that
Trade Secrets Trends
Analysis and Commentary on the Latest Developments in Trade Secrets Protection, Disputes, and Enforcement
Trade Secrets Trends, published by Crowell & Moring LLP, focuses on legal developments and practical issues related to trade secret protection, particularly within the European and Belgian legal context. The blog covers topics such as the interpretation and enforcement of trade secret laws by courts, requirements for qualifying information as a trade secret, remedies for misappropriation, burden of proof challenges, and procedural aspects of trade secret litigation. It also addresses the roles of various parties involved in trade secret disputes, including former employees, contractors, and companies, as well as recent regulatory changes affecting related areas like non-compete agreements. The blog provides insights into case law trends and strategic considerations for protecting confidential business information.
Latest from Trade Secrets Trends - Page 19
Crowell & Moring’s Brussels Office Hosts a Successful Deep Dive Session on Trade Secrets and Whistleblowers
On December 5th, 2019, Crowell & Moring’s Brussels office, in cooperation with the Belgian Institute for In-House Counsel, hosted a deep dive session into the EU Trade Secrets Directive and the changes this legal framework has brought about since it…
Scientist Pleads Guilty to $1 Billion in Trade Secret Theft
Chinese national and materials scientist Hongjin Tan has pled guilty to stealing from his former employer Phillips 66 (“Phillips”) more than $1 billion in trade secrets related to next generation battery technology.
DOJ announced Tan’s guilty plea this week which…
Dueling Claims: Trade Secret Theft or Antitrust Threat?
On November 5, 2019, Black Knight Inc. brought suit in Florida state court against PennyMac Loan Services LLC (“PennyMac”) alleging breach of contract and trade secret misappropriation under the Florida Uniform Trade Secrets Act. PennyMac allegedly used its access to…
Please Join Us for Part 3 of our Webinar Series: Safeguarding Your Secrets in the Digital Age
Crowell & Moring invites you to attend the third installment of our “Safeguarding Your Secrets in the Digital Age” webinar series: How to Work with Third-Parties, Including Those Internationally, taking place on Tuesday, November 12th at 12:00 pm (EDT).
During this webinar, Crowell…
Imitation Is Not Sincerest Form of Flattery for Legal Services Company
Legal services company CBX Law, LLC doing business as Latitude (“Latitude”) brought a lawsuit against alleged copycat company Lexikon Services, LLC in Tennessee state court. Latitude is seeking damages and injunctive relief based on allegations of trade secret misappropriation under…
Trade Secret Battle Between Two South Korean Competitors Heats Up
Two South Korean competitors are locked in a heated battle over alleged theft of trade secrets relating to electric vehicle (“EV”) lithium-ion battery technology which is an industry expected by experts to generate over $23 billion in revenues by 2027.…
District of Colorado Awards “Exemplary Damages” Against Former Employee for Misappropriation of Bovine Serum Trade Secrets
By Emily Tucker & Astor Heaven
On September 23rd, 2019, the District Court for the District of Colorado awarded Atlas Biologicals, Inc. a total of $2 million against Defendant Thomas Kutrubes and his company, Peak Serum, Inc. Kutrubes, a part owner and former employee of Atlas,…
Please Join Us for Part 2 of our Webinar Series: Safeguarding Your Secrets in the Digital Age
We invite you to join Crowell & Moring’s second installment of our “Safeguarding Your Secrets in the Digital Age” webinar series: Reasonable Precautions to Protect Trade Secrets in The Digital Age, taking place on Tuesday, October 8th at 12:00 pm (EDT).…
From Sweet to Bitter: A Licensing Agreement for Fudge Recipe Leads to Trade Secret Claims
Christopher M. Warman allegedly has some valuable fudge recipes. In his second action to protect what he claims to be a valuable trade secret recipe for fudge, Warman’s complaint does not sugar-coat the parties’ sticky situation. He and his company have sued…