Michael Foley is an author for the Trade Secret Insider. He is an associate in the firm’s Labor & Employment Practice Group and practices from the New Orleans office. Mr. Foley focuses on employment-related litigation, including non-compete and trade secret disputes. He can be reached at firstname.lastname@example.org or 504.582.8853.
In early June of 2020, a Texas appellate court overturned a record $706 million verdict rendered by a San Antonio jury more than two years ago, and, in doing so, it ordered a new trial. The case centered on real estate analytic firm HouseCanary Inc.’s fraud and misappropriation of trade secret claims against Amrock Inc., … Continue Reading
A California jury recently concluded that an inventor timely filed a trade secret lawsuit against Uber seeking $1 billion in damages. The inventor’s lawsuit claims that Uber and its founder stole his business concept, which the inventor alleges he shared sometime in 2006 under a promise that Uber’s founder would keep the concept confidential. Around … Continue Reading
Employers often place limitations on their employees’ ability to compete following the termination of the employment relationship. The justification for restraints on trade is that employers have a protectable interest in their customer and vendor relationships, the goodwill associated with their brand, and their confidential information and trade secrets. Purchasers of businesses likewise often place … Continue Reading
Drafting an enforceable (and meaningful) non-compete provision in an employment agreement can be difficult. Many states, like Louisiana, recognize that non-compete provisions in employment agreements raise a serious public policy concern. In Louisiana, this public policy is set forth in La. Rev. Stat. 23:921. It requires non-compete provisions to set forth specific parishes or municipalities in … Continue Reading
Lawsuits alleging trade secret theft raise challenging discovery concerns, as they almost always arise in the context of an employee leaving to work for a direct competitor. Courts have struggled to balance a trade secret plaintiff’s right to obtain discovery with a competitor’s interest in protecting its own confidential business information. This balancing is particularly … Continue Reading
Waymo LLC — formerly Google’s self-driving car program and currently a stand-alone company owned by Google’s parent company — is now in fierce competition with Uber to develop and capitalize on driverless technology. This battle intensified on February 23, 2017, when Waymo filed a lawsuit against Uber Technologies, Inc., Ottomotto LLC, and Otto Trucking LLC. Trade Secret Claims. … Continue Reading
The popularity of craft beers has skyrocketed. A report cited in Fortune claims that microbreweries’ market share increased from 5.7 percent in 2011 to 12 percent in 2015. This growth has led to competition as microbreweries capitalize on the growing appetite for their product. Unsurprisingly, competition has led to allegations of unlawful conduct. Summit Brewing Company, one of the … Continue Reading