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Recent Hot Topics And Developments In Trade Secrets Law - Trade Secrets

There have been some noteworthy recent decisions in trade secrets law. This blog post summarizes some of the significant decisions grouped by the hot topics below. ....

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Recent Hot Topics and Developments in Trade Secrets Law | Seyfarth Shaw LLP

There have been some noteworthy recent decisions in trade secrets law. This blog post summarizes some of the significant decisions grouped by the hot topics below. ....

United States , New Jersey , Republic Of , Fairfax County , Marison Marzullo , Binh Hoa Le , Ada Lacayo , Amosl Mazzant , Hiroshi Yoshida , V Prods Inc , Payward Inc , Md Helicopters Inc , Engineering Inc , Illinois Supreme Court Rule , Oakwood Labys , United States Corp , Forum Non Conveniens , Unum Group , Texas Supreme Court , See Pro Flexx , Mallet Co , Contractors Inc , Aegis Spine Inc , Sensors United States Inc , Notpolish Inc , Proofpoint Inc ,

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 | Seyfarth Shaw LLP

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.
In a
recent decision of the 1st Appellate District of Illinois,
Multimedia Sales & Marketing, Inc. v. Marison Marzullo, et al., 2020 IL App (1st) 191790, the court affirmed the award of attorneys’ fees incurred by defendants under the bad faith fee shifting provision of the ITSA. Plaintiff Multimedia Sales & Marketing, Inc. (“MSM”) sued one of its competitors, Radio Advertising, Inc. (“RAI”) and three of its former employees who joined RAI, alleging that th ....

United States , Marison Marzullo , Plaintiff Multimedia Sales Marketing Inc , Illinois Supreme Court Rule , Radio Advertising Inc , Multimedia Sales Marketing Inc , Trade Secrets Act , Uniform Trade Secrets Act , Appellate District , Multimedia Sales , Radio Advertising , Supreme Court Rule , ஒன்றுபட்டது மாநிலங்களில் , மாரிசன் மார்சுல்லோ , இல்லினாய்ஸ் உச்ச நீதிமன்றம் ஆட்சி , மல்டிமீடியா விற்பனை சந்தைப்படுத்தல் இன்க் , வர்த்தகம் ரகசியங்கள் நாடகம் , சீருடை வர்த்தகம் ரகசியங்கள் நாடகம் , மேல்முறையீடு மாவட்டம் , மல்டிமீடியா விற்பனை , உச்ச நீதிமன்றம் ஆட்சி ,

Illinois Appellate Court Upholds Sanctions Against Radio Advertiser For Bad Faith Trade Secrets Claims | Sheppard Mullin Richter & Hampton LLP

The recent case of
Multimedia Sales & Marketing, Inc. v. Marzullo, et al., N.E.3d -, 2020 IL App (1st) 191790 (1st Dist. Dec. 21, 2020), demonstrates the peril that attorney fees sanctions present for litigants who bring trade secret misappropriation claims in bad faith.
Like the federal Defend Trade Secrets Act, the Illinois Trade Secrets Act (“ITSA”) allows litigants to recover attorneys’ fees incurred in defending “bad faith” misappropriation claims.
See18 U.S.C. § 1836(b)(3)(D); 765 ILCS 1065/5. Illinois courts interpret claims of bad faith in conjunction with Illinois Supreme Court Rule 137 an analogue to Federal Rule 11 that obligates Illinois attorneys to only bring actions that are well-grounded in fact, warranted by existing law (or a good-faith argument for the extension, modification, or reversal of existing law), and not for an improper purpose. Section 5 of ITSA complements Rule 137’s obligations and provides a mechanism for courts ....

United States , Appellate Court , Illinois Appellate Court , Illinois Supreme Court Rule , Sheppard Mullin Richter Hampton , Radio Advertising Inc , Multimedia Sales Marketing Inc , Sheppard Mullin Richter , Multimedia Sales , Defend Trade Secrets Act , Illinois Trade Secrets Act , Federal Rule , Radio Advertising , ஒன்றுபட்டது மாநிலங்களில் , மேல்முறையீடு நீதிமன்றம் , இல்லினாய்ஸ் மேல்முறையீடு நீதிமன்றம் , இல்லினாய்ஸ் உச்ச நீதிமன்றம் ஆட்சி , ஷெப்பர்ட் முலின் பணக்காரர் ஹாம்ப்டன் , மல்டிமீடியா விற்பனை சந்தைப்படுத்தல் இன்க் , ஷெப்பர்ட் முலின் பணக்காரர் , மல்டிமீடியா விற்பனை , பாதுகாக்க வர்த்தகம் ரகசியங்கள் நாடகம் , இல்லினாய்ஸ் வர்த்தகம் ரகசியங்கள் நாடகம் , கூட்டாட்சியின் ஆட்சி ,