October 25, 2016
Trade secrets are an increasingly important form of intellectual property protection but also a source of business risk, with the FBI estimating that U.S. businesses suffer $13 billion in losses annually. Losses come from departing employees, potential business partners who acquire confidential information under nondisclosure agreements, or data security breaches. Early- and growth-stage companies are often most at risk, having developed valuable technology or business information but not yet implementing inadequate controls.
With the passage of the Defend Trade Secrets Act and the European Union Trade Secret Directive, it is also important that businesses plan ahead to avoid litigation and prepare to successfully defend themselves against allegations of misappropriation. During the webinar, Michael Ng and Andrew Stafford KC discuss the concrete steps that counsel, advisers, startups, and growth-stage companies should take to ensure that their critical confidential information is legally protected — and to avoid litigation under the new laws.