Case Study: Moncrief Oil V. OAO Gazprom

Law360, New York (February 11, 2011, 2:33 PM EST) -- You disclose confidential information as part of a planned business opportunity to a foreign company during in-person meetings in the United States. If the deal goes bad and the foreign company seeks to misuse your confidential information, do you have legal recourse in the state in which the meetings were held? Not necessarily, said a Texas court in an opinion that should sound alarm bells for in-house intellectual property lawyers.

In Moncrief Oil International Inc. v. OAO Gazprom[1], a Texas appeals court affirmed a ruling that...
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