Texas Trade Secrets Decision Helps Energy Companies

Law360, New York (February 5, 2014, 6:03 PM EST) -- Seismic information about potential oil and gas reservoirs and other sensitive data are regularly used by energy companies to make business decisions and compete in the market. Energy companies must take reasonable precautions to protect such trade secrets. For example, trade secret status may be destroyed if the trade secret is disclosed to a party that has not signed a confidentiality and nondisclosure agreement. This area of Texas law continues to develop, as illustrated by an important new case, Lamont v. Vaquillas Energy Lopeno Ltd., No....
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