How to get busted stealing a business and lose $96M in court

In this Episode of Reasonable Measures, Chris Buntel and Tim Londergan discuss the recent legal case of Prysmian v. Sterlite, where an executive packaged up a business and walked across the street. This is a fascinating if not all-too-familiar tale of corporate theft. The discussion highlights the evolving understanding of trade secrets in the context of international business and the importance of proper documentation and confidentiality practices. Takeaways The Prysmian vs. Sterlite case underscores the significance of trade secrets in corporate strategy. Misappropriation of trade secrets can lead to substantial financial repercussions for companies. The definition of trade secrets may need to evolve to reflect current legal standards. NDAs should be specific and detailed to effectively protect trade secrets. The case illustrates the complexities of jurisdiction in international trade secret disputes. Business trade secrets can be as valuable as technical trade secrets. The timeline of filing complaints in trade secret cases can vary significantly. Emails often serve as critical evidence in trade secret litigation. Companies must implement best practices to safeguard their confidential information. The Prysmian case reflects a growing trend of high-stakes trade secret litigation.