Seyfarth attorneys Kate Perrelli, Sierra Chinn-Liu, Anne Dunne, Joshua Salinas, and Paul Yovanic contributed to this year’s ABA Section of Intellectual Property Law, Trade Secrets and Interferences with Contracts Committee Annual Trade Secret Law Report.
The Annual Report, found here, covers the significant trade secrets cases from around the country that were decided
On Friday, June 11, Seyfarth partner and co-chair of the Trade Secrets, Computer Fraud & Non-Competes practice group Robert Milligan is presenting the “Remote Trials and ADR” panel at The 2021 Sedona Conference on Remote Case Management of IP Proceedings, which is being held virtually June 10 and June 11. Other panels at the conference
On Thursday, May 6 at 12 p.m. Eastern, Seyfarth partner Erik Weibust and NERA director Kristopher Boushie will be presenting “Trade Secret Identification and Damages,” a webinar in NERA Economic Consulting’s Developments in Trade Secret Litigation webinar series. This webinar will cover relevant state and federal trade secret statues, discovery issues, and available non-monetary and
Seyfarth is a sponsor of the 2021 Sedona Conference on Developing Guidelines for Trade Secret Issues, taking place on June 21-22, 2021, and is taking place virtually. The conference will present for public dialogue for the first time the consensus, non-partisan publications from the Sedona Working Group 12 on Trade Secrets, including:
In Seyfarth’s second installment in its 2021 Trade Secrets Webinar Series, Seyfarth attorneys Richard Lutkus, Bob Stevens, and Matthew Simmons outlined best practices and steps companies can take to continue to protect intellectual capital, including policies, protections, security concerns, and agreements needed to protect information in a remote environment.
As a conclusion to this webinar
The Illinois Trade Secrets Act (“ITSA”), which is consistent with both other states that have adopted the Uniform Trade Secrets Act and the federal Defend Trade Secrets Act, allows the recovery of attorneys’ fees for a party who has been forced to defend against a trade secret claim made in bad faith. See 765 ILCS 1065/5. This fee shifting provision provides an important mechanism to obtain relief for defendants who are forced to incur significant legal fees fighting baseless claims.
Continue Reading Failure to Tune in to Requirements to Meet Trade Secret Status Under Illinois Trade Secrets Act Results in Award of Attorneys’ Fees Against Radio Advertising Time Business
After a months-long delay due to an outbreak of COVID-19 during the first trial, a federal jury in Texas awarded a $152 million verdict—including $120 million in punitive damages—in a trade secret misappropriation case between rival software development companies.
In 2019, software company ResMan LLC (“Resman”) sued its former customer Karya Property Management LLC (“Karya”), alleging that Karya provided its third party software consultant, co-defendant Expedien, with unauthorized access to Resman’s trade secrets in order to help it develop a competing product. Resman’s proprietary software is used to manage apartment buildings throughout the United States. In the breach-of-contract lawsuit, Resman alleged Karya gave Expedien access to its trade secrets so that it could develop its own rival property management software.
Continue Reading Texas Federal Jury Awards $152 Million in Trade Secret Misappropriation Case Interrupted by COVID-19
We want to share some exciting news with our blog followers. Dawn Mertineit, Seyfarth partner and member of the firm’s Trade Secrets, Computer Fraud & Non-Competes group, is co-editor of our Trading Secrets blog. She joins Robert Milligan, Trading Secrets editor, Seyfarth partner, and co-chair of the Trade Secrets, Computer Fraud & Non-Compete group.
The California Court of Appeal recently upheld the dismissal of claims against Mattel, which alleged that Mattel stole the idea for its flying Barbie doll from Technology from Heaven Unlimited (“TFHU”). Applying New York law, the Court found that Mattel did not misappropriate TFHU’s idea to create a flying Barbie using drone technology, as this idea did not have general novelty, even if the idea was novel to the buyer. Moving forward, companies should ensure that they have clear policies and procedures in place before accepting ideas and before entering into contracts for the disclosure of ideas, because whether an idea may be novel may depend on the timing of the contract.
Continue Reading Hoverboard Barbie: A Novelty Toy Without a Novel Concept
Please join the Trade Secret Committee of the American Intellectual Property Law Association, which is chaired by Seyfarth partner Erik Weibust, for Part I of its Trade Secret Master Series: How to Settle Trade Secret Disputes with Jim Pooley. The event will be held virtually on March 9, 2021 from 12:30-1:30 p.m. Eastern.
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