Intellectual Property Law
New Matter WINTER 2022, VOLUME 47, EDITION 4
Content
- 2023 New Matter Author Submission Guidelines
- A High Voltage Copyright Matter
- Caredx Inc., the Board of Trustees of the Leland Stanford Junior University V. Natera, Inc. and Eurofins Viracor, Inc.
- Copyright Commons
- Ethics of Social Media For Lawyers: Where Stunting For the Gram Meets Losing Your Bar Card
- Federal Circuit Report
- How Can We Help Our Clients Keep Up With Privacy Laws?
- Intellectual Property Rights and the Russia-ukraine War
- INTELLECTUAL PROPERTY SECTION Executive Committee 2022-2023
- INTELLECTUAL PROPERTY SECTION Interest Group Representatives 2022-2023
- INTELLECTUAL PROPERTY SECTION New Matter Editorial Board
- Ip and Art: An International Perspective
- Letter From the Chair
- Letter From the Editor-in-chief
- Online Cle For Participatory Credit
- Quarterly International Ip Law Update
- Table of Contents
- The California Lawyers Association Intellectual Property Alumni
- Trade Secret Report
- Ttab Decisions and Developments
- Laying Down the Rules of the Road For Joint Ventures To Minimize Trade Secret Misappropriation Risk
LAYING DOWN THE RULES OF THE ROAD FOR JOINT VENTURES TO MINIMIZE TRADE SECRET MISAPPROPRIATION RISK
Catherine Lui
Orrick, Herrington, & Sutcliffe LLP
Joint ventures ("JV") can be very beneficial for the companies involved because they enable them to share technology and more quickly develop new innovative products. But they can also be minefields for potential thorny trade secret issues as two companies with important technologies are sharing highly confidential information. If rules of the road are not clearly defined, the potential for trade secret theft accusations can significantly increase. Having a strong and clear JV agreement before any exchange of confidential information is key to minimizing risk later down the line. In particular, consider building into the JV agreements the following:
[Page 60]
Assessing the rules of the road before exchange of confidential information will greatly help each party to the JV analyze and mitigate their trade secret risks. In addition, the parties to the JV should consistently assess and analyze whether the JV agreement need to be updated.