Trademark Appeals & Trade Secret Appeal
The profitability of a business is anchored on its ability to develop in its own way without the interference of others. Thus, one of the rights in intellectual property is the right to trade secret. Trade secret is any information from which the business derives economic value, whether actual or potential and which is subject to efforts that are reasonable under the circumstances to maintain its secrecy. Trade secret is a highly technical issue and may require the employment of the Law Office of Robert Sirianni lawyers in order to be able to successfully claim rights under the Trade Secrets Act.
Under law, trade secret is an information that: intended for trade; included in a formula; not publicly known; cannot be readily ascertained from a public information; reasonable economic value; and, subject of reasonable efforts to keep it a secret. Improper use of a trade secret without the permission or authority of the trade secret owner can be prosecuted for criminal violations. Aside from criminal sanctions, civil liability including damages can also be resorted to. Under the law, the improper use may either be theft, bribery, misrepresentation, breach of confidence, trespass and other deliberate acts.