Many companies derive their value from confidential information they have developed over years of hard work, such as customer lists, formulas, pricing information and other types of information. This information may be considered a trade secret under Connecticut law. Companies protect this information through confidentiality agreements with employees and vendors. A company’s assets also include its employees and the valuable confidential information each employee learns from the company. Non-competition and non-solicitation agreements are important tools in protecting this information when an employee leaves your company. These agreements can offer substantial protection and can help keep key information from being used to unfairly compete against your company.
Our firm has extensive experience in the litigation of restrictive covenants in employment agreements, such as non-competition or non-solicitation agreements. We have obtained preliminary and permanent injunctions on behalf of major corporations, and have also successfully defended former employees from enforcement of those agreements. The firm also counsels employers on drafting effective non-competition and non-solicitation agreements.
We love learning about your business and your product, so we can help protect it in high-stakes litigation. Learn about our recent trade secrets battle. In another example, one of three top companies in the world lost its Director of Chemical Engineering to a competitor. That person knew everything about the company’s product, its design, improvements, flaws and strengths, and took that knowledge with him to the competitor. We worked with the company to learn the product, and defend the product against the competitor’s use of the employee’s knowledge and know-how. Download and read Judge Pinkus’s decision in this case (PDF).