In what has been deemed by some commentators as the battle of the breastaurants, for all the obvious reasons, the suit is actually between Hooters and one of its former executives whom it accuses of taking its trade secrets before his departure. Double entendres aside trade secrets and the alleged taking of them are no joke. Trade secrets are the life blood of a company as they represent a major if not the sum total of a business’s competitive advantage.
By: Ainsley Brown A 47 year old former engineer from the Ford Motor Company has been charged with stealing some of the company’s trade secrets. The engineer, a one Xiang Dong Yu, also known as Mike Yu, was charged last week after traveling from China to the US. Mr. Yu is accused of unauthorized computer access; theft, and attempted theft… Continue reading "Former Ford Engineer Charged With Industrial Espionage"