Is Theft of Trade Secrets a Crime in Arkansas?
Is theft of trade secrets a crime in Arkansas? Yes. Under Arkansas Code Annotated Section 5-36-107, the Arkansas Penal Code establishes that theft of trade secrets is a Class A misdemeanor. The statute establishes that a person commits theft of a trade secret if, with intent to deprive the owner of…
What Laws Protect Trade Secrets in Arkansas?
Businesses are built through hard work and significant investment. One of the most significant investments, and thus greatest assets to a business, is the investment of time and resources in its people. Protecting that investment is often crucial to the brand and to the future of a business. When…
Business Owner Alert: Corporate Transparency Act Requires New Ownership Reporting in 2024 and Beyond
It has been many years in the making, but the effective date of the Corporate Transparency Act (the “CTA”) is finally here. The CTA, enacted in 2021, is designed to prevent money laundering and other unlawful activity through the use of business entities to conceal identities. As of January 1…
AI and Accountability: A Look at the President's New Executive Order
After observing that “Artificial intelligence offers enormous promise and great risk,” the Biden administration recently announced an Executive Order (the “Order”) setting the table for future government action in this fledging area. The Order primarily focuses on safety and security requirements…
When Competition Crosses the Line, Level the Playing Field with Unfair Competition Litigation
August 9, 2023
by Devin R. Bates
By now almost everyone has read about or experienced the “great resignation” and its unprecedented levels of employee turnover. With that increased worker mobility, there has been a surge in unfair competition litigation, including non-compete, trade secret, trademark, copyright, patent, and…