If you are a regular reader of TSW, you know we have been monitoring developments relating to the Defend Trade Secrets Act of 2016 (DTSA). While the Northern District of California was the first court to enter a written opinion under the DTSA, case law is continuing to develop across the country, including in the First Circuit. READ MORE
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Sparks Fly in Ninth Circuit’s Nosal II Opinion
As many loyal TSW readers know, we’ve been watching the ongoing saga involving ex-Korn Ferry recruiter David Nosal wind its way through the courts since the early days of this blog. And last month, the highly anticipated Ninth Circuit opinion in United States v. Nosal was issued on July 5, 2016 (“Nosal II”). This was the second time the Ninth Circuit had issued a ruling in the case relating to charges under the Computer Fraud and Abuse Act (the “CFAA”). In April 2012, an en banc panel dismissed five of the eight CFAA counts against Nosal (“Nosal I”). A jury subsequently convicted Nosal of the remaining three CFAA counts, as well as two Economic Espionage Act (“EEA”) counts in April 2013 and Nosal was sentenced to 366 days in prison, three years supervised release, community service, $60,000 in fines, and restitution. READ MORE
HAPPY BIRTHDAY TO US: Trade Secrets Watch Marks One Very Eventful Year
One year ago today, Trade Secrets Watch went live with a story on Chinese cyberhacking. In the year since, with our readers’ support, we have written about all things trade secret—from foodies to fracking, trials to top 10 lists, computer fraud to confidentiality agreements, industrial espionage to international law. Trade secrets law endlessly fascinates us, and we thank you for sharing our passion by reading and following us on Twitter.
If you are not already, please follow us (@TS_Watch) and sign up for our weekly email newsletter.
Thank you again for making our first year a success. We look forward to sharing the ride with you in the next year and beyond!
-The editors and contributors of Trade Secrets Watch
Protecting Trade Secrets in Russia
The primary laws governing Russian trade secrets are the Federal Law on Information, Information Technologies and Information Protection and the Trade Secret Law. The Civil Code, the Labor Code, the Criminal Code, and the Code of Administrative Offenses provide additional statutory protection for trade secrets.
The Information Law defines trade secrets as “information to which access is limited.” Under the Trade Secret Law a trade secret is “any information (production, technical, economic, organizational, information, etc.) which has an actual or potential commercial value because it is unknown to third parties and because third parties do not have free access to it by legitimate means, and with respect to which the holder of such information has implemented a trade secrecy system.” Not all information may constitute a trade secret: the Trade Secret Law expressly lists categories of information that may not be a trade secret (e.g., information on the environment, population, or violations of law).
Trade Secrets Watch Profiled in Page-One Article on Law Firm Blogs
Thanks to you, readers, less than three months after its launch, Trade Secrets Watch drew the notice of California’s leading legal weekly. The Recorder put us on Page One as an exemplar of the growing trend of law firm-written blogs that take an engaging but journalistically serious approach to legal issues. You can see a web version of the article here. We’ve also copied it below: READ MORE
CALL FOR COMMENT: Top 10 Trade Secret Settlements
Readers, we need your help! Our Top 10 Trade Secret Verdicts list was such a hit that we decided to follow up with a list of the Top 10 Trade Secret Settlements.
Do you know of a public, multi-million dollar trade secret settlement that might rank among the top 10 biggest? Write to us, including sources and/or citations if possible.
Protecting Trade Secrets in China
Trade secrets were first introduced into China law through the Article 10 of the “Anti-Unfair Competition Law of China” (effective Dec. 1, 1993). This defines a “trade secret” as technological or business information that (a) is unavailable to the public; (b) creates economic benefits for its owner and is of practical utility; and (c) is subject to measures taken by its owner to maintain its secrecy. And it defines “misappropriation” as taking place when:
- a party acquires the owner’s trade secret by improper means such as theft, economic inducement, or coercion;
- a party discloses, uses, or allows other parties to use the trade secret acquired by these means;
- a party discloses, uses, or allows other parties to use the trade secret in violation of an agreement with, or requirement by, the owner to protect the trade secret; or
- a third party acquires, uses, or discloses other parties’ trade secrets with the actual or presumed knowledge of the above-mentioned illegal acts.
Trade Secrets Watch Launches New Blog May 1st
We’re excited to announce the launch of Orrick’s new trade secrets blog, Trade Secrets Watch! We hope this blog will be an entertaining and useful resource for those interested in the latest trade secret news, case law, happenings and events. We’ll be covering everything trade secret related — from the protection and theft of confidential business information, to cybersecurity, industrial espionage, enforceability of non-compete agreements, and employee raiding and solicitation, among other topics.
Although there are many blogs out there, we think Trade Secrets Watch will offer a new breadth of coverage and a refreshing diversity of perspectives. Our contributors include trade secrets lawyers from thirteen different offices around the world and six different practice groups. Readers will receive Orrick’s Silicon Valley office’s updates on the latest cases in the tech industry and also international developments from our Beijing to London offices. Readers also will enjoy perspectives from lawyers who specialize in intellectual property litigation, as well as employment law and white collar crime and corporate investigations.
For more frequent posts and updates, follow us on Twitter at @TS_Watch, or sign up for our weekly newsletter, and we’ll deliver our blog posts directly to your email inbox. We hope you enjoy Trade Secrets Watch!