The FIRM - Trade Secrets

TRADE SECRETS

Confidentiality of Trade Secrets are prevalent in the business world, enabling a business to protect information if it is consistently used ("trade") and if the owner obtains an advantage over competitors who are unaware of the information ("secret"). Trade Secrets are imperative in the prevention of disclosure of the information and against wrongful use of the subject matter by another. If these provisions are violated, and a trade secret is obtained by improper means, infringement arises. It is recommended that one uses "confidential" stamps with respect to trade secrets.