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: Michigan Business Lawyer BlogProtecting Your Trade Secrets in a Michigan Court
For many "regular" businesses, a growing percentage of their value is made up of intangible assets like intellectual property and trade secrets. As these items grow in value, ensuring protection of your business's trade secrets is of the utmost importance to its success and future growth.
Trade secrets include such items as research and development data, customer lists and related information, financial data, and strategic plans and corporate information. It comes as a surprise to many business owners that one of the biggest threats to a business's trade secrets is its current and former employees. But, this makes sense when one considers that today's employees are more like free agents than long-term "franchise players."
It is imperative that businesses take the appropriate steps to guard and protect their trade secrets and confidential business information. The loss or theft of this information can be devastating to a business, especially if it is used by former employees to unfairly compete by undercutting their former employer's market position or to solicit their former employee's customers or clients.
Michigan law provides protection to businesses who are the victims of misappropriation of their trade secrets and confidential business information. If you are faced with the loss or theft of important business information, you should consult with an experienced Michigan trade secrets lawyer to assist you in enforcing your rights.
Full post as published by Michigan Business Lawyer Blog on March 28, 2008 (boomark / email).
West Legal Education Center Trade Secrets Courses
When you are not in the mood to "press the flesh" you can keep up to date on trade secrets developments by taking courses at WestLegalEd Identifying, Protecting Litigating Trade Secrets Get practical advice to help identify trade secrets, understand how to ensure legal protection for those trade secrets, and avoid trade secret theft...
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Employers concerned about protecting trade secrets or hiring an employee from a competitor may find this article informative. Employees also may find the information useful if they are weighing their options under a non-compete agreement or if they are considering...
Protection of Trade Secrets And Confidential Information
6/4/08 Mondaq Bus. Briefing Protection of Trade Secrets And Confidential Information Mr Edward Fan Introduction With the rise of the information age and growth of the knowledge economy, managing and protecting information, as well as enforcing against its misuse, have become increasingly critical to business enterprises...
Episode 1: The Coca-Cola Caper ~ This episode covers trade secrets and how they are commonly lost.
SAN DIEGO--(BUSINESS WIRE)--Randy Broberg, a partner in the Del Mar Heights office of Allen Matkins Leck Gamble Mallory & Natsis LLP and chair of the firm's Technology and Intellectual Property Practice Group, is launching "The Licensing Lawyer," an educational podcast that addresses practical solutions to intellectual property problems...
Protection of Trade Secrets in the Gulf States
Okay, so this one is more a curiosity than anything else, but the Gulf Times (of Doha in Qatar) publishes a question-and-answer column called "The Legal Helpline." Following is a verbatim transcript of one of this week's questions, from "IB" in Doha:Q: We run a business related to artistic production and creativity...
Intellectual Property - Trade Secrets Center
Free Advice's trade secrets law legal information helps individuals and small businesses to understand their legal rights. To use Free Advice effectively, we recommend you read the Q&A's, post on the legal advice Bulletin Boards, and/or visit the state resource center! Click if you need assistance in locating an attorney, or finding trade secrets law legal forms...
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