Protecting Trade Secrets During Corporate Transactions

January 2019

In 2013, Michael Hunter Gray co-founded software start-up Calaborate, which developed a group-scheduling mobile app called Klutch. Mr Gray and other Calaborate employees executed assignment agreements agreeing that all proprietary information and innovations developed during their employment with Calaborate would remain the sole property of the company. Gray later attempted to sell Klutch, nearly closing a deal with international online ticket marketplace StubHub, Inc. But the deal failed, and Calaborate ultimately declared bankruptcy. Calaborate’s assets, including the Klutch app and all related IP, were ultimately acquired in a foreclosure sale by Calendar Research LLC.

© Financier Worldwide

The articles on our website include some of the publications and papers authored by our attorneys, both before and after they joined our firm. The content of these articles should not be taken as legal advice. The views and opinions expressed in this article are those of the author(s) and do not necessarily reflect the views or official position of Robins Kaplan LLP.

Disclaimer

Christopher K. Larus

Partner

Chair, National IP and Technology Litigation Group

Related Publications

September 22, 2020
Herbal Patent Protection
Shui Li - 闻宁阁 American Intellectual Property
August 26, 2020
INSIGHT: Avoiding Trade Secret Claims After Seeing a Competitor’s Crown Jewels
Jake Holdreith, David Prange, Emily Tremblay - Bloomberg Law
July 2020
Hatch-Waxman Patent Litigation Strategies
Jeffrey Alan Hovden - LexisNexis
June 2020
Trade Secrets: Safe as Houses
Christopher Larus, David Prange, Alyssa Bixby-Lawson - Intellectual Property Magazine
Back to Top