Trade secret is a secrete information of the product or the business and it may be a formula, pattern, device, or set of information which when used in business can give it a success edge over the competitor. It must have some economic value and must not be known to the public or the other person and is kept as secrete with reasonable care.
Article 39 of TRIPS Agreement 1995 provides protection against breach of contract, breach of confidence and unfair competition regarding “Undisclosed Information” and “Trade Secret”. More than 100 of the 159 members of the World Trade Organization have adopted this law. Articles 42 to 49 of the TRIPS Agreement relates to the enforcement of these legal rights
Juris Logium assists clients in the following matters:
- Trade Secret Misuse
- Breach of Non-Disclosure Agreement
- Unfair Competition and Breach of Fiduciary Duty
- Non-competition agreements
- Non-solicitation agreements
- Trade secret agreements
- Social media policies
- Misappropriation of trade secrets
- Protecting your intellectual property assets (trademarks, service marks, trade dress, copyrights, etc.)
