In the age of technology and the Internet, many businesses are more concerned than ever about protecting trade secrets. Data shows that trade secret litigation in federal courts has more than doubled between 1995 and 2004 and it is projected to double again by 2017. In over 85 percent of these cases, the person alleged to have misappropriated trade secrets was either an employee or business partner. It is estimated that businesses lose hundreds of millions of dollars every year due to the misappropriation of trade secrets.
California's version of the Uniform Commercial Code's implied warranty of merchantability protects the consumer from suffering losses resulting from faulty consumer goods. Business owners must be aware of their options and should consult with counsel to devise a suitable business strategy to protect your business from losses while maintaining a high level of customer service and satisfaction. An experienced business attorney can help the business owner avoid pitfalls associated with implied warranties from the sale of consumer goods.