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Intellectual Property Law
: Womble Trade Secrets BlogHog-Stunning Trade Secrets
A scary trade secrets story from the Austin version of the Rochester (MN) Post-Bulletin.It seems that in September 2008, Hormel Foods Corp. entered into an agreement with a New Hampshire company, Ferrite Co., to develop a hog-stunning system. Hormel claims it paid a deposit and also provided Ferrite with various proprietary and confidential materials consisting of trade secrets.
Ferrite didn?t deliver and now Hormel is seeking at least $30,000 in court.
According to the PB, part of the alleged violations stem from a mutual confidential disclosure agreement entered into on Dec. 1, 2008 to protect trade secrets and other data owned by Hormel and given to Ferrite for the stunning-system project.
Full post as published by Womble Trade Secrets Blog on May 13, 2010 (boomark / email).
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