What is a trade secret? Generally, a trade secret is information used in a company’s business that: (1) derives independent economic value from not being generally known or readily accessible by competitors; and (2) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. Trade secrets were traditionally covered by […]
In some cases, a prompt restructuring of the company's obligations is imperative for its survival. In order to minimise risks, delay and expense, and emerge from chapter 11 as quickly as feasible and in a manner that will facilitate the debtor's ability to move forward on a viable basis, the use of a support agreement […]
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