Non-disclosure agreements, commonly known as NDAs, are a ubiquitous type of contract in many industries. NDAs can be useful in all sorts of situations, such as when companies look to work together on joint projects, when a party seeks investors, when an employee needs to use confidential information on the job, when a customer shares private data, or when parties agree to a legal settlement.
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Intellectual Property Law Knowledge Center
Posts Tagged ‘trade secrets’
Flimsy Sealing Order Request Results in the Disclosure of ‘Confidential’ Information
July 9th, 2020
The Federal Circuit today affirmed a district court’s denial of a motion for reconsideration of an intervenor’s opposition to a motion to seal. In Uniloc 2017 LLC v. Apple, Inc., 2019-1922 (Fed. Cir. Jul. 9, 2020), Uniloc had moved to seal the briefing and record associated with Apple’s motion to dismiss premised on a defect in Uniloc’s ownership rights due to a loan default. The request covered two categories of documents: (1) company confidential materials and (2) third party confidential materials. Non-party Electronic Frontier Foundation intervened to obtain public access to the supposedly confidential documents.
Sierra Railroaded by Theft of Trade Secrets
May 28th, 2014
On May 1, a federal jury in California awarded $17.4 million in punitive damages be paid by Patriot Rail Company LLC to Sierra Railroad Co. less than two months after awarding a $22.3 million verdict for misappropriation of trade secrets.
Judge Expresses Concern over Indictment of Ex-Two Sigma Employee
March 26th, 2014
As we previously reported, Kang Gao, a former analyst for Two Sigma Investments, was indicted in New York for 11 counts related to the theft of trade secrets. He is being held on $1 million bail. Two Sigma also sued Gao on civil charges stemming from the same alleged taking of information regarding Two Sigma’s…
SK Hynix Sued by SanDisk and Toshiba, Employee Arrested in Japan for Theft of Trade Secrets
March 17th, 2014
A large dispute is brewing in both Asia and the United States over the alleged actions of a former employee of flash memory manufacturer SanDisk. On March 13, the Tokyo Metropolitan Police Department arrested Yoshitaka Sugita over actions he took while employed at SanDisk in 2007 and 2008.
Theft of DuPont Trade Secrets Leads to Guilty Verdict Against Two in $28 Million Conspiracy
March 6th, 2014
In recent years, the U.S. Department of Justice (DOJ) has been much more aggressive in investigating and prosecuting federal criminal trade secret matters. This trend continued Wednesday, when a federal jury in California found Mr. Walter Liew and his company, USA Performance Technology Inc., guilty of conspiracy to commit economic espionage and possession of trade…
Court Finds Actual Use Not Required Grants Preliminary Injunction Against Ex-AMD Employees for Trade Secret Theft
June 25th, 2013
It’s not hard to figure out what happens when a group of rogue employees copy over one million files from their employee’s network immediately prior to taking new positions with a chief competitor. Beyond impressing Dr. Evil with the sheer volume of documents copied, protracted trade secret litigation often ensues!
Topics
- Mark-Up of 35 U.S.C. Showing Proposed Changes from the Restoring AIA Bill and Initial Commentary, Part I
- NFTs and Intellectual Property
- Urgent IP Notice: U.K. Filing Deadline for BREXIT Cloned EUTMs and IRs is September 30, 2021
- Oracle v. Google: The Never-Ending Case Finally Ends
- Brazilian Supreme Court Decides All Patents Receive Patent Term of 20 Years