Spilling Trade Secret Could ‘Arm Competitors’

January 3, 2014 Intellectual Property Law

As reported in Beverage Daily, the Oregon Attorney General filed a petition to compel 5 Hour Energy to turn over its formula in a connection with a multi-state investigation into the energy drink’s safety and advertising.

In general, trade secrets are information, formulas, or patterns that 1) derive independent economic value from not being generally known and 2) are the subject of efforts reasonable to maintain their secrecy.

5 Hour energy claims it has complied with Oregon’s request by disclosing the ingredients in the drink, but refuses to turn over the exact amount of each ingredient fearing the release would damage its business. Trade secret cases can often place a business’ core product in the center stage and risk an entire business model.

If you are facing trade secret litigation, or would like to learn how to protect your trade secrets, contact Revision Legal today at 855-473-8474.

Extra, Extra!
Recent Posts

The Minnesota Consumer Data Privacy Law: What Businesses Should Know (Part Two)

April 11, 2025 Internet Law

In May 2024, Minnesota enacted the Minnesota Consumer Data Privacy Act (“MCDPA”). In Part One of this two-part article, the Consumer Data Protection Attorneys at Revision Legal discussed the consumer rights and consumer-facing business obligations imposed by the MCDPA, including additional consumer rights related to automated decisions that utilize profiling data. The MCDPA allows consumers […]

Advantages of Forming Corporate Entities for Operating Your Business

April 11, 2025 Corporate

Under most circumstances, the experienced Business Lawyers at Revision Legal deem it prudent for clients to operate their businesses through a corporate entity like a standard corporation or a limited liability company. Of course, there are some circumstances where a partnership of some type might be the better option, but it would be a rare […]

The Minnesota Consumer Data Privacy Law: Summary For Consumers

April 11, 2025 Internet Law

In May 2024, Minnesota enacted a consumer data privacy statute called the Minnesota Consumer Data Privacy Act (“MCDPA”). About 20 States have enacted consumer data privacy statutes similar to the MCDPA, and the MCDPA follows the general template of those statutes. However, there are some unique and additional features of the MCDPA that are very […]

Put Revision Legal on your side

Let's Discuss Your Case