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Safeguarding Purchased Customer Information through Nondisclosure Agreements in M&A Deals

Learn how including a covenant in your acquisition agreement can prevent sellers from disclosing or utilizing customer data, even if it’s not classified as a trade secret. Explore a real case involving a seafood wholesaler and importer. March 31, 2020

Posted in customer list, customer list, nondisclosure agreement, trade secret misappropriation Tagged with: , , , , , , , , ,

Business Buyer Sues Former Employee Over Use of Seller Business Cards

Explore a legal case where a buyer filed a lawsuit against a former employee who left with business cards belonging to the seller’s clients after an M&A deal. Learn about the legal implications and challenges in protecting trade secrets in

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When Medical Practice Deals Go South: Protecting Patient Lists

Learn about the legal challenges and importance of safeguarding patient lists in medical practice acquisitions. October 12, 2019 M&A Stories In the world of medical practice acquisitions, patient lists are golden. But what happens when a doctor tries to take

Posted in trade secret misappropriation, trade secret misappropriation by former seller employee Tagged with: , , , , , , , , , , ,

Allegations were enough, if true to establish that business sellers breached their noncompetition, nonsolicitation and confidentiality covenants

Buyer is a full-service specialty contract manufacturer of automotive, household, insecticide, and pesticide aerosols, based in St. Clair, Missouri, about 50 miles southwest of St Louis. Target is a specialty chemical contract packager, which manufactures aerosols, liquids, and bag-on-valve products,

Posted in covenant not to compete, hiring seller's employees, no kickback or bribe rep, nondisclosure agreement, trade secret misappropriation

Non-compete given by business seller’s owner to business buyer in employment agreement held by court to be unenforceable

Seller’s owner is a computer programmer who operated Seller, a Portland, Maine based business that provided data and consulting services for the tire and automotive industry. In November 2010, Buyer contacted Seller’s owner about purchasing Seller. Buyer is based in

Posted in covenant not to compete, customer list, trade secret misappropriation

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