Exalt IP

Trade secrets

Information is at risk even after signing an NDA

15 October 2024 · Articles, Confidential Information, Knowledge Transfer, NDA, Partnerships, Trade secrets

Information Floods Out Of Your Business After An NDA

‘We have an NDA so it is fine we can share everything’! How much value is being lost from your business via sensitive information and knowledge being shared with partners with whom you have an NDA? An NDA is not a cover all. Ideally an NDA is nothing more than a ‘permit to have a […]

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14 October 2024 · Confidential Information, Knowledge, Knowledge Transfer, Trade secrets

As The Law Changes On Non-Competes What Protects Your Confidential Information?

Post-Termination Restrictive Covenants Are Not Immune From Government Interference. Governments around the world including the UK, US, and European governments are reviewing post-termination restrictive covenants (non competes) in an effort to make sure innovation and growth is not stifled. The UK Government makes their position clear: “non-compete clauses represent one of the strongest restraints of […]

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3 October 2024 · IP Strategy, Knowledge, Trade secrets

Knowledge Walks Out Every Night Will It Return?

Most business have substantial ‘banks’ of knowledge but generally do very little about capturing it; so that when it leaves, is stolen, fades away, or burns, it is lost. Data, expertise, customer insights, profitability information, research results, algorithms business methods, software development capability, production techniques, design skills.etc. are all potentially very valuable. Identifying and protecting […]

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30 September 2024 · Innovation, IP Strategy, IP Value, Patents, Trade secrets

There Are Several Ways To Protect Your Innovation

Patents are not the only answer to the innovation / invention IP question. If I asked you if I could share your invention with the world, what would you want in return? This is the pay off you are making when you file for a patent. 20 year monopolistic rights over the patented invention? Yes. […]

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23 September 2024 · Knowledge Transfer, M&A Due Diligence, Tech Transfer, Trade secrets

To Lose Three Trade Secrets Looks Like Carelessness!

Employee joins another company, transfers valuable knowledge to develop competing products! AbbVie has at least three trade secrets law suits like this underway at the moment: “AbbVie lawsuit says rival Adcentrx stole anti-cancer secrets” “AbbVie sues rival BeiGene over alleged theft of cancer therapy secrets” “Botox rival Revance loses bid to dismiss Allergan trade secrets […]

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2 September 2024 · Articles, Brand, NDA, Partnerships, Trade secrets

Former Partners Paying Lip Service To Trade Secrets End Up In Court

Partnership With Starbucks Loses Gloss Over Trade Secrets Loss Red Flag When Partner Refuses To Sign NDA ? Just who had the idea first? Coffee flavoured lipstick and lip gloss. Balmuccino say Starbucks refused to sign an NDA in 2017 when they presented the coffee flavoured lipstick concept, later running off and developing it for themselves. […]

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22 August 2024 · Articles, Trade secrets

Every Business Has Trade Secrets, Most Don’t Think They Have.

Every Business Has Trade Secrets, Most Don’t Think They Have. Trade Secrets We Don’t have Any Of Those It’s So Secret We Don’t Like To Talk About It It’s So Secret We Don’t Even Acknowledge It Sometimes trade secrets are kept so secret they do not officially exist. Most times trade secrets have not been […]

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22 August 2024 · Articles, Cyber Security, Trade secrets

Insider Robbers Know Your Blind Spots Better Than You.

Most Bank Robberies Are Insider Jobs Most Trade Secret Robberies Are Insider Jobs. Trade Secrets Are Hidden In Plain Sight. What Are Your Trade Secret Blind Spots? Insiders know what your valuable code is and how to access it. They know how to copy the customer list with pricing and contract details. They know about […]

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