On behalf of Patterson Thuente Pederson, P.A. | Nov 16, 2020 | Trade Secrets
When people hop on a video call for work, their main concerns can be making sure they are muted and putting on some work-appropriate clothes so that they don’t embarrass themselves. However, it could be far more embarrassing for a person to get caught revealing...
On behalf of Patterson Thuente Pederson, P.A. | Oct 19, 2020 | Trade Secrets
Collaboration, particularly in STEM-related fields, can be vital to the advancement of technological solutions and developments. Considering the sensitive nature of all that goes into new products and ideas, confidentiality is critical to these collaborative efforts....
On behalf of Patterson Thuente Pederson, P.A. | Aug 27, 2020 | Trade Secrets
Automation and technology are among the most innovative and dynamic industries today. Global companies are competing alongside startups to deliver the newest, the best and the smartest products to consumers. In such a competitive environment, protecting proprietary...
On behalf of Patterson Thuente Pederson, P.A. | May 28, 2020 | Trade Secrets
Workplaces across Minnesota have been adjusting to the changing limitations presented by COVID-19. Some companies have closed down temporarily or permanently, while others have been able to make the transition to a fully remote workforce. While working remotely can...
On behalf of Patterson Thuente Pederson, P.A. | Apr 13, 2020 | Trade Secrets
Proprietary information can be enormously valuable to a business. It could set the company apart, give it an edge in the marketplace, or even give the business some stability in times of insecurity. Just as proprietary information is valuable to a business, it can...
On behalf of Patterson Thuente Pederson, P.A. | Mar 23, 2020 | Trade Secrets
In previous posts on this blog, we have discussed the value of having valid non-compete agreements to protect trade secrets. However, they are not the only tool businesses have to protect confidential, proprietary information. This is important to know as Minnesota...
On behalf of Patterson Thuente Pederson, P.A. | Mar 20, 2020 | Trade Secrets
Having employees sign non-compete agreements restricting them from actions like working at a competing company can minimize the risk that an employee will disclose protected material to another company. Unfortunately, not every employee will comply with their...
On behalf of Patterson Thuente Pederson, P.A. | Mar 16, 2020 | Trade Secrets
One of the times a company’s sensitive information is particularly vulnerable to theft and loss is when an employee quits or gets fired. At this point, any sense of loyalty to the company that might have prevented a person from misusing proprietary information can...
On behalf of Patterson Thuente Pederson, P.A. | Mar 3, 2020 | Copyright Law, Design Patents, International IP Protection, Newsletter, Patent Law, Patterson Thuente News, Trade Secrets, Trademark
The strength of a company’s intellectual property portfolio often drives the value of corporate transactions. Regardless of whether you are the acquisition target or the buyer in a transaction involving IP, the due diligence process should be designed to reveal the...
On behalf of Patterson Thuente Pederson, P.A. | Mar 2, 2020 | Trade Secrets
Any proprietary information you have that gives your business a competitive edge in the marketplace could be a trade secret. Protecting this information to keep it from competitors or the public should be a top priority for businesses. Unfortunately, this information...