Posts Tagged ‘design’
New Jersey Adopts Version of the Uniform Trade Secrets Act
January 24th, 2012 | 
Author: On January 9, New Jersey joined 46 other states in adopting its version of the Uniform Trade Secrets Act. Previously, businesses in New Jersey had to rely on common law remedies to protect their trade secrets from misappropriation.
The Act defines a “trade secret” as “information, held by one or more people, without regard to form, including a formula, pattern, business data compilation, program, device, method, technique, design, diagram, drawing, invention, plan, procedure, prototype or process that (1) derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (2) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.”
Posted in Intellectual Property | 
Tags: breach of a duty, business data compilation, common law, common law remedies, company secrets, design, device, diagram, disclosure, drawing, espionage, formula, improper means, independent economic value, independent invention, information, injunction, invention, method, misappropriation, misrepresentation, pattern, plan, procedure, process, program, proper means, prototype, public domain, published literature, punitive damages, reverse engineering, secrecy, technique, theft, trade secret, Uniform Trade Secrets Act, unjust enrichment, willful and malicious misappropriation | 
Comments »