Thursday, April 17, 2014

OHIO Part 59

As an example, both actual and threatened misappropriation of a company’s trade secrets have been held to constitute “irreparable harm” and may be enjoined under Ohio law. Injunctive relief is appropriate when there exists a present and real threat of disclosure of trade secrets, even without actual disclosure. There is no adequate remedy at law for such misappropriation, as it is difficult to calculate in monetary terms the impact of the disclosure. Ohio law specifically authorizes injunctions in cases of actual or threatened misappropriation of trade secrets. Other examples of “irreparable harm” include the loss of business from a defendant’s unfair competition or tortious interference with business relations.

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