The Seventh Circuit has confirmed the extraterritorial reach of the Defend Trade Secrets Act, allowing for damages for sales outside the US. This decision has significant implications for companies dealing with intellectual property and proprietary data. In light of the FTC's proposed non-compete ban, companies are increasingly turning to trade secrets, patents, and copyrights to mitigate risks. The FTC's final non-compete rule has prompted practical considerations for employers, especially following a Texas court's decision to postpone the ban. Companies are advised to review their IP assignment agreements and consider alternative strategies to protect proprietary information. The FTC has also provided a Game Plan Checklist for navigating the final non-compete rule.
IP Assignment Agreements: Protecting Your Company Today and Saving Yourself from Headaches Tomorrow https://t.co/SnKyY4X0kR | by @WinsteadPC
Texas Court Postpones FTC Noncompete Ban https://t.co/TXZAUTXyTo #Noncompetes #Work #Court @McDermottLaw https://t.co/rUX3NrcqX8
IP Assignment Agreements: Protecting Your Company Today and Saving Yourself from Headaches Tomorrow https://t.co/0IUG5VuroX #IntellectualProperty #Work #Businesses @WinsteadPC https://t.co/sBw6A2zJyx