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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.
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.
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. ...
Merriam-Webster Names Greg Barlow as President March 15, 2021 08:28 ET | Source: Merriam-Webster Inc. Merriam-Webster Inc. Springfield, Massachusetts Springfield, MA, March 15, 2021 (GLOBE NEWSWIRE) -- Merriam-Webster Inc., the digital media company helping millions of people understand and use language better through dictionaries and other learning products, today announced that it has named Greg Barlow as its new president. Barlow will be rejoining Merriam-Webster, having previously served as Senior Vice President & Chief Marketing Officer at Me...
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 Illi...