Is owning the license to a trade secret required to sue for misappropriation? Mack Sperling of Brooks Pierce in a recent blog post says the answer, at least in North Carolina, is a resounding … maybe.
Under the state’s Uniform Trade Secrets Protection Act, a suit can only be filed by a trade secret “owner,” but a “complainant” is allowed to bring an action for misappropriation. Well, that’s as clear as Coca-Cola, the recipe for which is perhaps the most famous trade secret of all.
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