Quick Note: Steps to Protect and Avoid the “Misappropriation” of a “Trade Secret”

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Florida’s Uniform Trade Secret Act defines the terms “trade secret” and “misappropriation.”

November 23, 2020
David Adelstein - Florida Construction Legal Updates

Florida’s Uniform Trade Secret Act (included in Florida Statute s. 688.001 en seq.) defines the terms “trade secret” and “misappropriation.” These definitions (found here) are important in that just because 1) we deem something a trade secret does not, in of itself, make it so, and 2) we deem someone to have misappropriated a trade secret does not, in of itself, make it so.

If a party deems something to be a trade secret they should identify the document or paper as “confidential trade secret” as the first-step in preserving the confidentiality of that information. The party should also consider entering into an agreement with the party that may receive that information to maximize the protection of such confidential trade secret information during the parties’ agreement.

Mr. Adelstein may be contacted at dma@kirwinnorris.com



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