If you own a business, you may have encountered a variety of legal issues over the years. Whether your company is relatively small or massive, there are many hurdles that business owners can find themselves working through. However, those related to copyrights, patents, and trade secrets can be especially difficult. For example, one of your competitors may have stolen trade secrets, denying any wrongdoing and prompting you to take the case to court. Our law firm knows this can be an incredibly frustrating ordeal, but you should cover your bases and hold those who have stolen trade secrets accountable.
As a company owner, you know that some of your most important assets are intangible, such as your knowledge and ideas. Protecting those intangibles often involves acquiring and enforcing intellectual property rights, such patents, trademarks, copyrights and trade secrets. Failing to do so could give your competitors an advantage and leave you without legal recourse if your valuable intellectual property is used without your authorization.
A trade secret is any confidential business information that gives your business a competitive edge. It is also referred to as intellectual property or proprietary information.
In this Cincinnati Business Courier Advertising Supplement, Paul Linden and Larry Williams explain how the Defend Trade Secrets Act provides a new federal law for the protection and enforcement of trade secret rights, and allows a private party to enforce its trade secret rights in federal court.