Ohio Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses

State:
Multi-State
Control #:
US-01594
Format:
Word; 
Rich Text
Instant download

Description

This form is a Complaint. Plaintiff alleges that the defendants are liable for breach of contract and breach of good faith and fair dealing. Plaintiff demands judgment against defendants and request monetary damages for the breach of contract in an amount set by the trial court.
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  • Preview Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses
  • Preview Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses
  • Preview Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses
  • Preview Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses
  • Preview Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses
  • Preview Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses
  • Preview Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses
  • Preview Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses

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FAQ

Misappropriation of a trade secret includes industrial or commercial espionage, breach of contract and breach of confidence, electronic surveillance, trespass, bribery, and fraud. It does not include "reverse engineering", where a company purchases a product and finds out how it works by laboratory analysis.

Use of a trade secret belonging to another does not always constitute misappropriation. There are two basic situations in which obtaining the use of a trade secret is illegal; where it is acquired through improper means, or where it involves a breach of confidence.

Ohio recognizes the tort of Misappropriation of Trade Secrets, which occurs when someone with a duty to maintain secrecy discloses trade secret information to a third party.

In 1994, Ohio adopted the Uniform Trade Secrets Act (?OUTSA?), Ohio R.C. § 1333.61, et seq. The OUTSA provides for various remedies to protect trade secrets, including injunctive relief (R.C. 1333.62) exemplary damages for willful theft of trade secrets (R.C. 1333.63), and attorney's fees (R.C.

Trade secret misappropriation occurs when a trade secret has been wrongfully taken or disclosed without consent. A trade secret is defined as information (1) that derives independent economic value from not being generally known, and (2) which has been the subject of reasonable efforts to be kept a secret.

Trade secret misappropriation occurs when a trade secret has been wrongfully taken or disclosed without consent. A trade secret is defined as information (1) that derives independent economic value from not being generally known, and (2) which has been the subject of reasonable efforts to be kept a secret.

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Ohio Complaint regarding Breach of contract, Fair dealing, Fraud, Conversion, Accounting, Trade Secrets Act. Agreement to Merge Businesses