Business and Financial Services
Proactive Steps to Protect Trade Secrets
Trade secret protection depends as much on preventive measures as it does on the underlying value of the information itself. In this Bean, Kinney & Korman article published in the BKK Business Law Newsletter, James V. Irving explains that the Virginia Trade Secrets Act protects confidential business information only if three conditions are met: the information qualifies as a trade secret, the owner takes reasonable steps to maintain secrecy, and the person using the information knows or should…
September 1, 2013