trade secrets law

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Suspected leak of TSMC's Milo Wei-Jen's residence led to search and stock seizure. Attorney Li Yu-Sheng explains legal issues related to trade secrets law, leaks of confidential information, and non-compete agreements.

Suspected Leaks of TSMC Secrets Lead to Search of Luo Weiren's Residence and Seizure of Stocks | Mirror News Reporter Huang Yuting News Link: TSMC recently announced that it has filed a lawsuit against Luo Weiren, the former senior vice president who retired and joined Intel. Intel also issued a statement on the 26th, strictly prohibiting the use or transfer of any third party's confidential information or intellectual property rights. Based on the information currently available, there is no reason to believe that the allegations against Luo Weiren have any basis. Intel welcomes Luo Weiren back to Intel and emphasizes that cross-company talent mobility is not only common but also a symbol of a healthy industry, and this situation is no exception. Fidelity Law Firm's trade secret lawyer, Li Yusheng, stated…

What are business secrets? Three major legal requirements for business secrets.

This article focuses on quickly summarizing the three legal requirements for trade secrets. Article 2 of the Trade Secrets Act stipulates: "Trade secrets, as referred to in this Act, mean methods, technologies, processes, formulas, programs, designs, or other information that can be used in production, sales, or business operations, and that meets the following requirements: 1. Not known to ordinary persons with access to such information. 2. Possessing actual or potential economic value due to its secrecy. 3. The owner has taken reasonable measures to maintain confidentiality." Therefore, trade secrets must possess "secrecy," "economic value," and have been subject to "reasonable confidentiality measures" by the owner; these are generally referred to as the "three requirements for trade secrets." Among the three requirements for trade secrets, "secrecy" generally refers to the information that can be used in production, sales, or business operations being known to "ordinarily persons with access to such information…

What should I do if an employee takes away company confidential information? Relevant provisions of the Trade Secrets Act.

Employees keep the company's confidential information privately or even provide it to competitors, or take the company's secrets with them when they leave, set up a new company on their own, or join a rival camp. How should the company protect its rights and interests?

Why are business secrets important to a business? What is the importance of trade secrets and what are the measures to protect them?

This article focuses on a quick summary of Article 2 of the Trade Secrets Act, which states: "Trade secrets, as referred to in this Act, mean methods, technologies, processes, formulas, programs, designs, or other information that can be used in production, sales, or business operations, and that meets the following requirements: 1. Not known to ordinary persons with access to such information. 2. Possessing actual or potential economic value due to its confidentiality. 3. The owner has taken reasonable measures to maintain confidentiality." Therefore, trade secrets must possess "confidentiality," "economic value," and have been protected by the owner through "reasonable confidentiality measures"—these are generally referred to as the "three requirements of trade secrets." Trade secrets are one of the most important assets for enterprises in their business activities, significantly impacting their competitiveness and long-term development. In Taiwan, the protection of trade secrets is a legal requirement…

What are business secrets? What are the requirements for a business secret? If the requirements for proving trade secrets cannot be clearly stated, is there any chance of success in the lawsuit?

This article focuses on how the inability to clearly prove the three essential elements (secrecy, economic value, and reasonable confidentiality measures) in the protection of trade secrets can impact the chances of winning a criminal case. Such situations may make it difficult to obtain legal protection for infringements involving trade secrets. Trade Secret Protection in Criminal Proceedings: The Challenge of Winning. Trade secrets are one of a company's core assets, and their protection is crucial to a company's success and competitive advantage. Criminal proceedings offer powerful legal means to protect trade secrets, but to win such a case, it is essential to clearly prove the three essential elements of a trade secret: secrecy, economic value, and reasonable confidentiality measures. However, sometimes clearly proving these elements is not easy, which will affect the chances of winning the criminal case…

How to protect business secrets? What are the protection measures for business secrets? What are the key steps businesses should take?

This article focuses on quickly summarizing how trade secrets embody a company's core value and are crucial for its competitive advantage and long-term development. Therefore, companies must recognize the importance of trade secret protection and take a series of effective measures to ensure the security of these valuable assets. Here are some suggestions to guide companies in taking trade secret protection measures: 1. Establish clear internal policies: First, companies should establish clear internal policies that clearly define what constitutes a trade secret and how to protect and handle this information. Such policies should cover the responsibilities and obligations of employees, suppliers, partners, and other relevant parties, and clearly state the consequences of infringing on trade secrets. 2. Establish confidentiality agreements: Companies should sign confidentiality agreements with employees and partners involved in trade secrets…