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Diminution in Value As A Measure of Damages for Trade Secret Misappropriation | Sheppard Mullin Richter & Hampton LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Tuesday, March 16, 2021 Whether under the federal Defend Trade Secrets Act (“DTSA”) or under state law uniform trade secrets acts (“UTSA”), assessing monetary damages in trade secret misappropriation cases is rarely easy. By definition, trade secrets lose their value once they lose their secrecy, but the lost value is often difficult to monetize. Calculating damages for misappropriation should account for the lost value of the trade secret “asset,” but courts often lose sight of this calculus in fixing damages. Lost profits, unjust enrichment, and reasonable royalties are common measures of damages in trade secret misappropriation cases, but there is another rarely considered measure of damages: the diminution in value of a plaintiff’s trade secret caused by the misappropriation. Damages for the diminution in value of a trade secret are a form of compensatory damages, though some courts will grant injunctive relief due to the difficulty in val ....
Spots and Space now representing Brisbane’s Reading Radio December 17, 2020 9:26 Spots and Space has been appointed as Reading Radio’s national sponsorship sales representative. The announcement: Reading Radio (formerly Radio 4RPH) has appointed Spots and Space as their national sponsorship sales representative. Reading Radio services started life as a service on Melbourne’s multicultural community station 3ZZZ, and in Brisbane it began as a service that broadcasted the daily newspapers for an hour each morning on community radio station 4MBS. Brisbane’s 4RPH launched in 1984 and in 2019 rebranded as Reading Radio – a move which marked the station’s strategic repositioning to encompass not only the over 60, vision impaired and blind communities, but a wider listenership under the station’s “empowerment through information” motto. ....