What is Not a Trade Secret Under Federal Law?
October 16, 2024
by Devin R. Bates
If the secrecy of certain confidential information is compromised, it may lose its status as a trade secret. Courts will not recognize information as a trade secret if it has become generally available, is commonly used within an industry, or has become outdated. While the facts and circumstances…
What is the Definition of a Trade Secret Under Federal Law?
October 9, 2024
by Devin R. Bates
Understanding the definition of a trade secret under federal law is crucial for businesses looking to protect their valuable information. Trade secrets are also defined by state law. While there is no single, universal definition of a trade secret across all states, most states have enacted a…
What Federal Laws Protect Trade Secrets?
October 2, 2024
by Devin R. Bates
In the world of business, safeguarding your company’s valuable information is crucial to maintaining a competitive edge. One of the most important assets a company can have is its trade secrets. But what exactly are trade secrets, and how do they differ from other types of confidential information…
Adopting Generative AI? Key Contract Considerations for Healthy Due Diligence
August 26, 2024
by Devin R. Bates
As generative AI continues to be a hot topic in board rooms and an unavoidable reality on the front lines of business, leaders must make informed decisions when choosing AI vendors. The integration of AI into your operations can offer substantial benefits, but it also introduces unique risks and…
What Can You Get When You Sue for Trade Secret Violations?
June 4, 2024
by Devin R. Bates
Arkansas has adopted the Model Uniform Trade Secrets Act with some modifications. We refer to this as the Arkansas Uniform Trade Secrets Act (“AUTSA”) and it can be found at Ark. Code Ann. § 4-75-601, et seq. The AUTSA provides that a party seeking to enforce trade secret claims can seek the…