Business Secret

$25 mln trade secret case listed among SPC’s top 10 cases of 2021

The People’s Court Daily (人民法院报), owned by China’s Supreme People’s Court, on January 5 released its annual list of top 10 cases to highlight the most representative disputes China’s judicial system composed of people’s courts of different levels have adjudicated in 2021. The Jia

Milestone events of trade secret protection in Guangdong province 2020

The Guangdong Administration for Market Regulation on Oct 29 publicized a list of 11 milestone events of trade secret protection in Guangdong province of 2020. The events come in four categories.

China's top court upholds record $4.7 mln punitive damages verdict

China’s Supreme People's Court on October 20 refused to reconsider the decision ordering Anhui Newman Fine Chemicals Co., Ltd. to pay Guangzhou Tinci Materials Technology Co. 30 million yuan ($4.7 million) in damages for trade secret misappropriation.

Sihuan sues CBC over Botox trade secrets after due diligence

Sihuan accused CBC Group of misappropriating the trade secrets obtained from the due diligence during its deal with Bain Capital.

IBM accused of stealing trade secrets from Chinese joint venture

On September 10, Beijing Neu Cloud Oriental System Technology Co. -- a joint venture established to sell IBM server products in China -- sued IBM Corp. and its Chinese subsidiary in Manhattan federal court for allegedly stealing its trade secrets.