In this episode, Tim and Chris discuss a recent trade secret misappropriation case in China, which resulted in a record-breaking judgment of 640 million RMB (about 88 million USD). They highlight the significance of this case in recognizing the value of trade secrets and protecting companies from misappropriation. The case involved a wholesale movement of 40 employees from one Chinese electric vehicle company to another, resulting in the filing of 12 patent applications by the new company. The court considered factors such as the quick release of products and the publication of patents to establish the misappropriation of trade secrets. The discussion also touches on the challenges of enforcing judgments and the evolving legal landscape in China.
Episode 12: Trade Secret Litigation Lightning Round
In this episode of the Reasonable Measures podcast, Tim and Chris discuss three notable trade secret cases from Latvia, China, and the United States. They explore the implications of whistleblower retaliation, the intersection of trade secrets and criminal law, and the complexities of ongoing litigation between IQVIA and Viva Systems. The conversation highlights the evolving landscape of trade secret protection and the legal challenges faced by companies and individuals.
Takeaways:
- A Latvian case highlights the risks of whistleblowing and LinkedIn posts.
- Courts may be sympathetic to employees in trade secret disputes.
- In China, trade secrets can lead to criminal charges and jail time.
- The IQVIA vs. Viva Systems case exemplifies messy legal battles.
- Specificity in identifying trade secrets is increasingly required by courts.
- Trade secrets are not just civil matters; they can involve criminal law.
- The discussion reflects on the global nature of trade secret issues.
- The importance of understanding trade secret laws in different jurisdictions.