An owner of a trade secret that has been misappropriated may seek remedies of injunctive relief and monetary damages, to compensate it for the economic harm resulting from the party that stole and benefitted from the theft of the trade secret. While injunctive relief is the gravamen of any trade secret misappropriation claim, the available
The FTC Expands Its Regulatory Watch Over the Use of Biometric Technology
On May 18, 2023, the Federal Trade Commission (the “FTC”) issued a policy statement on the use of biometric information under its regulatory powers in Section 5 of the FTC Act (the “Statement”). The Statement is the strongest message the FTC has ever issued regarding how certain uses of biometric technology may, depending on the
Taft Sponsors ITechLaw World Technology Law Conference
Taft was a sponsor of the ITechLaw World Technology Law Conference, which took place at the end of May in San Francisco. In addition, Taft Chicago partner Daniel Saeedi presented “Face Scans, Fingerprints and Voice Recognition – The Current U.S. Regulatory Framework for Biometric Privacy.”
The International Technology Law Association (ITechLaw) has been serving the
Remanded for Damages: Navy Was Not Authorized To Copy Software
The U.S. Court of Federal Appeals (CAFC) just released its decision in another breach of software license case. Bitmanagement Software GMBH v. United States, Fed. Cir. 2020-1139 (Feb. 25, 2021). This is the second case where the court recently found for the contractor and held the Government to have overextended its use of a
ERP Implementation and Contract Negotiation Challenges During COVID-19
In an interview with TechTarget, Chicago Taft partners Marcus Harris and Daniel Saeedi explored the impacts that the pandemic will have on ERP implementations and what customers can do to alleviate risk and protect their ERP investments. In a separate interview, Marcus Harris also provided advice on renegotiating ERP contracts when the scope of ERP
Public Company CEOs: Do Not Misstate Your Coronavirus COVID-19 Supply Chain Difficulties
With the stock market dropping 3,500 points last week, panicked over the latest coronavirus scare, COVID-19, public companies should expect plaintiff class action securities lawyers to pounce on any material misstatements or omissions made in their press releases and public disclosures, including misstatements about supply chain difficulties.
According to Thomas Insights, 60%