When a trade secret gets out or is stolen, the ramifications are enormous; proof positive that trade secrets are valuable assets to be protected.<\/p>\n
If you haven\u2019t seen the news in the last little while, you may be astounded at the damage awards in two controversial trade secret cases. One in California came in with a jury verdict of $36.3 million in damages in a trade secret and breach of contract case. In Georgia, there was another settlement of $37.3 million. There may be another chapter written in both of these cases, as they may be appealed.<\/p>\n
Having said that, the staggering amount of the awards serves to point out something very important to the business community \u2013 trade secrets are invaluable to businesses. The fact is that companies with trade secrets they don\u2019t want to lose to another company need to ensure they are protected through non-disclosure agreements (NDA). There is more (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" When a trade secret gets out or is stolen, the ramifications are enormous; proof positive that trade secrets are valuable assets to be protected. If you haven\u2019t seen the news in the last little while, you may be astounded at…<\/span><\/p>\n