Business Advisory Group Hosts ““To Catch a Thief: Understanding the World of Trade Secrets and Making Non-Competes Work for You”

June 10, 2017

The Business Advisory Group hosted a free program at the firm entitled: “To Catch a Thief: Understanding the World of Trade Secrets and Making Non-Competes Work for You” on Wednesday, June 21, 2017 from 8:00 – 10:00 am.

How do you protect proprietary information and your client base in the face of a key employee’s departure? When a departing employee has your client list, pricing information, marketing strategies and other confidential information, what is to prevent that employee from working for a competing business and placing you at a competitive disadvantage? Mark Himsworth, leader of HRMM&L’s Commercial Litigation practice and Ethan O’Shea, leader of HRMM&L’s Employment Law practice discussed legal protections for your business including restrictive covenants (non-compete agreements), Pennsylvania’s Uniform Trade Secrets Act and the Federal Defend Trade Secrets Act.

Questions Every Business Must Ask

Q. Has your business recently reviewed its legal structure to determine whether it is set up in the most advantageous manner for legal and tax purposes, considering recent developments and changes in the law?

Q. Do the owners of your business have a current, updated buy-sell agreement which controls how ownership interests in the business are to be transferred in the event of an owner’s death, disability or termination of employment?

Q. Have the owners of your business developed a succession plan to define how ownership and authority will transition upon the death or retirement of the present owners?

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Business Advisory Group Hosts ““To Catch a Thief: Understanding the World of Trade Secrets and Making Non-Competes Work for You”

The Business Advisory Group hosted a free program at the firm entitled: “To Catch a Thief: Understanding the World of Trade Secrets and Making Non-Competes Work for You” on Wednesday, June 21, 2017 from 8:00 – 10:00 am. How do you protect proprietary information and your client base in the face of a key employee’s departure?… Read more »