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UPDATE: Home Remedies Remain Best Medicine for Politically Charged IP Theft
In July 2018, a federal judge in Wisconsin imposed a $1.5 million penalty—the maximum statutory fine—against Chinese wind turbine manufacturer, Sinovel Wind Group Co. Ltd., for stealing trade secrets...
View ArticleA Voice from China: Unraveling the Different Standards for Civil and Criminal...
In China, victims of trade secret misappropriation suffering losses over RMB 500,000 are entitled to file a civil action and may also report the case to public security authorities to initiate a...
View ArticleIn China: Is Your Business Information Qualified for Protection in Trade...
Recently, China and the U.S. have reached some meaningful commitments on minimizing trade secrets misappropriation and protecting intellectual property during their Joint Commission on Commerce and...
View ArticleLitigate Trade Secret Misappropriation Disputes in Chinese Courts
How can trade secret misappropriation disputes be litigated in Chinese courts, despite the system’s lack of US-style discovery tools? Many companies, especially foreign companies, might be hesitant to...
View ArticleAccounts Frozen: DOJ Alleges Seven Defendants Conspired To Misappropriate...
Competition from Chinese companies shows no signs of slowing. Likewise, allegations of trade secret theft against Chinese companies are increasingly common. In this case, the U.S. Department of Justice...
View ArticleTrade Secret Misappropriation by Ex-Employees in China: How to Confront...
Article 123 of the General Provisions of the Civil Law of the People’s Republic of China (effective Oct. 1, 2017) confirmed that trade secrets are intellectual property, signifying China’s recognition...
View ArticleHome Remedies for Politically Charged IP Theft
In January of this year, Chinese wind turbine manufacturer Sinovel Wind Group Co. Ltd. was convicted of stealing trade secrets from U.S. company AMSC Inc. The theft caused AMSC, more than $800 million...
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