In the fourth quarter of 2017, two major financial firms dropped out of an industry-wide Protocol for Broker Recruiting (the “Protocol”), an agreement designed to reduce litigation surrounding the movement of stockbrokers between competing firms. While those departures do not necessarily seal the fate of the Protocol, they do portend an increase in litigation to
Texas Pre-Suit Discovery – Obligations Under Unusual Procedure Clarified
Although most employers are very familiar with the usual discovery process of litigation, they may not be as familiar with the Texas Rules of Civil Procedure’s Rule 202, which concerns pre-suit depositions. Rule 202 can be used, for example, by an employer who wants to learn more about a former employee’s activities before commencing a
Congress Tries Again – The Defend Trade Secrets Act
Jackson Lewis attorneys Peter R. Bulmer, A. Robert Fischer, Michael S. Kantor, and David E. Renner have prepared a detailed update on the firm’s website on the status of a bill in Congress which would create a federal trade secrets law, known as the Defend Trade Secrets Act. Stay tuned for further developments!
Illinois Federal Court Questions Fifield
A recent Illinois federal court decision has called into question the much begrudged holding from the Illinois Appellate Court for the First District, First Division, in Eric Fifield and Enterprise Financial Group, Inc. v. Premier Dealer Services, Inc., 373 Ill. Dec. 379, 993 N.E. 2d 938 (Ill. App. Ct. June 24, 2013).
The Fifield
Texas Employers Gain Statutory Protection for Trade Secret Information
Texas has joined 47 other states and the District of Columbia in adopting the Uniform Trade Secrets Act. Jackson Lewis has posted an article on its website describing the new law which will go into effect on September 1, 2014. Now, only Massachusetts and New York have yet to pass some form of the Uniform