Posts Tagged ‘Defend Trade Secrets Act’
The Fragile Nature of Trade Secrets: Clues from the Courts on How to Keep Them
“While companies are not required to institute every security measure possible to ensure that their confidential information qualifies as a trade secret, the more security measures implemented, the greater the likelihood that courts will find that the trade secret owner undertook ‘reasonable measures.’” Trade secrets have become an increasingly valuable asset to many companies, but…
Read MoreReview of Key 2019 Trade Secret Decisions and Trends (Part I)
In general, A trade secret is any information used in business if the owner has taken reasonable measures to keep such information secret, and the information derives independent economic value, from not being generally known to, and not being readily ascertainable through proper means by the public. Almost every state has adopted some form of…
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