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A company’s ability to innovate, exploit, and maintain proprietary trade secrets impacts internal operations and growth, as well as, more crucially, its ability to compete in the marketplace. Recognizing the value of trade secrets, many countries have successively enacted and amended laws to strengthen the protection of corporate trade secrets. In the case of Taiwan, its Trade Secrets Act became effective in 1996 (see, Trade Secrets Act (Taiwan) (promulgated and effective on Jan. 17, 1996, last amended on Jan. 15, 2020)) and was largely modeled after the U.S. Uniform Trade Secrets Act (see, UNIF. TRADE SECRETS ACT (last amended 1985), 14 U.L.A. 1 (2021). As such, it only provided civil liability for trade secrets misappropriation. Compare Taiwan Trade Secrets Act (last amended 2020), with Uniform Trade Secrets Act (last amended 1985) (both incorporating using similar definitions for actionable trade secrets misappropriation, including for “trade secret” and “improper means).
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By Reid Knabe and Bita Rahebi
This article describes certain key developments in the period from passage of the CHIPS Act through the present day, and provides a brief survey of key grantmaking and investment activity by U.S. government agencies since passage of the Act.
Emerging Legal Terrain: IP Risks from AI’s Role In Drug Discovery
By Fredrick Tsang, Antonia Sequeira and Carl Morales
This article explores the benefits and risks of AI-driven drug discovery from the legal perspective. Since the law governing IP rights in AI-driven drug discovery is still in its infant state, any future legal development is likely to have significant implications in many areas.
LLM Customization With A Path to Human Inventorship and Patent Rights
By Jim Soong
A statutory predicate to the contractual outcome regarding ownership of patent rights is the requirement of a sufficient contribution by a natural person in the effort that yielded the output. The issues implicated by this requirement are one development among more to come as patent law and policy try to catch up to proliferating AI technology.
Adidas Stripe Design Battle Reveals Intricacies of Trademarks In the Fashion World
By Nicole D. Galli, Laura Talley Geyer and Alexa Elder
Although the bitter legal battle between Adidas and Thom Browne is far from over on either side of the pond, the case illustrates the challenges of ensuring trademark protection for simple and widely employed design elements.
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