Trade secrets are protected against "misappropriation," which includes a breach of a confidentiality agreement or discovery of a trade secret held by another by improper means. There are several remedies available to trade secret owners in the event of misappropriation. These remedies include monetary relief, equitable relief, and costs and attorney's fees.
Monetary relief, in the form of compensatory damages is available to remedy trade secret misappropriation:
Injunctions are orders issued by a court ordering someone to do something or prohibiting some act. Injunctions are available in two forms:
Preliminary injunctive relief is generally granted to the prevailing trade secrets owner. Permanent injunctive relief generally has a time limit imposed on it, which follows the "head start theory." The "head start" theory is based on determining how long it would have taken the misappropriating company to discover the trade secret.
Frequently, the trade secret injunction will be tied in with an order requiring the return of materials related to the trade secrets at issue.
Costs are typically recoverable and, in areas that have adopted the Uniform Trade Secrets Act, the court may award attorneys' fees if the misappropriating party has been found to have acted in bad faith.
The remedies and resolutions for trade secrets issues are detailed and complex. An experienced intellectual property attorney can help you choose the remedy that works best for your particular needs. A lawyer can also participate in on-going research to make certain no one else is using your trade secrets without your permission. Additionally, in cases of trade secret misappropriation, an attorney can guide you through the difficult and strict procedural requirements for litigation and bring out the core issues of your case.
Last Modified: 05-19-2015 01:42 PM PDTLaw Library Disclaimer
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