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Battling the Counterfeiters: White-Collar Intellectual Property Enforcement | Freeman Law - Vimarsana News

Battling the Counterfeiters: White-Collar Intellectual Property Enforcement | Freeman Law

[co-authors: Bryce Couch, Jessica Lee, Alexandra Duncan, and Vrinda Bhuta] This CLE paper explores criminal intellectual property violations. There are a wide range of potentially applicable statutory provisions. Part One broadly discusses criminal copyright infringement, focusing on 17 U.S.C. Section 506 and 18 U.S.C. Section 2319. Part Two explores the Trademark Copyright Act, as well as its relation to its civil law counterpart, the Lanham Act, and its evolution since 1984. Part Three explores the theft of trade secrets, both those illegally obtained for the benefit of a foreign government...

Trade Secrets Lose Value When Secrecy is Lost: Calculating Damages - Vimarsana News

Trade Secrets Lose Value When Secrecy is Lost: Calculating Damages

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 royalt...