Insight and commentary on Covenants Not to Compete (Including Unfair Competition, Trade Secrets & Nondisclosure Agreements)
Mark Twain may have been right when he said that there were three kinds of lies: lies, damned lies and statistics. Nonetheless, it’s helpful to consider the statistics from the Annual Statistical Report on Colorado court filings when considering how a court approaches a noncompete or trade secret case.
According to the 2013 annual statistical…
Laid off or terminated employees commonly take confidential company information, according to media reports covering a recent study released by the Ponemon Institute, an Arizona based research company.
Nearly sixty percent of departing employees steal proprietary company data. Employees took this information in different ways. Most employees take documents (paper) with the information. But employees also…
Strong evidence suggests that litigation over non-competes, or covenants not to compete, has surged in the last several years. Most recently PC World in its June 20 issue lamented that the aggressive enforcement of non-competes had stifled tech start up development in states like Massachusetts. Non-compete Pacts Called Bad for Tech Innovation
In an effort…