Protecting Intellectual Property
Preventing Insider Competition Protecting Intellectual Property
Most entrepreneurs and established businesses are extremely sensitive to business risks and lost opportunities resulting from the actions of their competitors. When dealing with known or suspected business rivals, it is natural go into “high alert” mode in an effort to secure confidential business information such as customer and supplier lists, marketing ideas, advertising plans and budgets, and customer buying habits. Unfortunately, few steps are taken to prevent the competitive use or disclosure of information by those considered to be trusted “insiders” such as partners, employees, vendors, and sub-contractors. All businesses must protect their intellectual property.
One-third of all business failures are linked to losses resulting from theft by those in a trusted position. In addition to theft of physically tangible items such as cash, machinery, tools, and inventory, the fast-paced and competitive information age has seen a growing trend towards the theft of confidential information and business knowledge.
At John Rizvi, P.A., we are The Idea Attorneys® and regularly assist companies in protecting their valuable ideas and confidential information through a variety of intellectual property doctrines. From a practical standpoint, it is our experience that courts are much more likely to be persuaded to grant an injunction and monetary relief for theft of confidential information by an inside party where the parties have clearly spelled out their understanding in a written document. As such, we counsel clients in the development of non-disclosure, non-compete, technology transfer and development, license, franchise, and distribution agreements.
If you would like to speak to an attorney about your particular situation, please do not hesitate to call our office.
Board Certified Attorney
Florida Bar Board Certified Intellectual Property Attorney
Under Florida law, only lawyers that have been Board Certified as experts are legally permitted to identify themselves as specialists or experts in an area of law. Board Certification was established to assist consumers in selecting specialists in various areas of law.
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FREE! Patent Protection A Practical Guide for Inventors & Entrepreneurs
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