The Internet has become an important aspect in our lives. With the Internet, people can pay bills, make appointments, and buy or sell products. For example, websites like Amazon, Craigslist, and eBay allow the public to buy and sell products. So, due to the ease of e-commerce transactions, counterfeiters have…
The United States Census Bureau releases statistics for e-commerce activities on a regular basis. These statistics compare the percentages from previous years in order to show the growth of the e-commerce industry. So far, the reports have indicated that the rates are rising, and this trend will most likely continue…
If you have ever been involved in a federal civil lawsuit, you may be familiar with the Federal Rules of Civil Procedure (FRCP). The FRCP are a set of rules that regulate federal civil lawsuits. The rules address issues from court and party obligations to enforcement of remedies. The FRCP…
The internet has become the home to many advances in the world. With one click of a button, a person can communicate with another person located on the other side of the world. With another click of a button, a person can buy a shirt and have it delivered right…
ZeniMax Media, Inc. (“ZeniMax”) is a company that develops and publishes video games. These games include Fallout and Elder Scrolls. ZeniMax publishes the video games through its subsidiaries and has found widespread success in the gaming market. With that widespread success, ZeniMax was able to allocate funds for the development…
On October 30, 2015, the Securities and Exchange Commission (“SEC”) adopted rules allowing the use of crowdfunding by companies to offer and sell securities. Crowdfunding is the raising of money in cyberspace through portals, i.e., specialized websites like Gofundme, Indiegogo, Kickstarter. By using these portals, individuals or businesses can engage…
Trade secrets are important assets for a business and derive their value due to their secrecy. Trade secrets constitute confidential business information that give a competitive edge to their owner. They include industrial, manufacturing, or commercial secrets. Any unauthorized usage of a trade secret is a violation. With secrecy, a…
Trade secrets are vital to a business’s growth and development. From a practical standpoint, the advantage a business may have vanishes once the trade secret is publicly known. As a result, businesses have employed various methods to prevent the leaking of trade secrets. From confidentiality agreements to encryption, a smart…
What are trade secrets? In general, the definition of a trade secret varies from state to state. Essentially, it means any confidential information you would not want your competitors to know about. This could be anything from customer lists, marketing plans, to business models. Although, this definition is broad, it…
On August 24, 2015, the United States Court of Appeals for the Third Circuit handed down its decision in favor of the Federal Trade Commission (FTC) against Wyndham Worldwide Corporation. This lawsuit was against the defendant and its subsidiaries for their failure to implement proper cybersecurity measures and protect consumers’…