Trade Secret Protection

 A Trade Secret is information that has either actual or potential independent economic value by virtue of not being generally known, has value to others who cannot legitimately obtain the information, and is subject to reasonable efforts to maintain its secrecy.  All three elements are required; if any element ceases to exist, then the trade …

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Patents, Trademarks, and Copyrights

Although patents, copyrights, and trademarks rights provide intellectual property (IP) protections, they are different and serve different purposes.  To understand the types of protections associated with these IP rights, consider an example where a company, Smart Company, makes and sells Bright ovens to the public.  Smart Company may use patents, copyrights, and trademarks to protect …

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