Posts Tagged "Trade Secrets"

Pepsi Recipe at Issue in Lawsuit

Posted by on May 14, 2012 in Business General Counsel | 0 comments

A lawsuit has been filed by heirs of the individual that created the recipe for Pepsi in 1931 in Federal Court in the Southern District of New York.  According to the lawsuit, the family found the recipe when looking through personal documents owned by Richard John Ritchie.  The family has brought suit against PepsiCo claiming that it should be allowed to share the history of Mr. Ritchie — including the recipe that is apparently contained in some of his documents.  PepsiCo has responded to the lawsuit by claiming that any disclosure of the recipe would violate its trade secrets. This...

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Trade Secrets – What are they and do they need to be protected?

Posted by on Jun 10, 2010 in Litigation | 0 comments

An article in this morning’s Detroit News illustrates the need for companies to protect trade secrets.  According to the article, a lawsuit has been filed by Palace Sports and Entertainment against Olympia regarding the recent departure of Tom Wilson and several key employees that once worked for Palace.  The lawsuit alleges that these key employees stole confidential information about suite rental, ticket sales and corporate sponsorships. The fact that these well established businesses are having these types of problems illustrates the need for all companies to look at the value of...

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