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Nike Settles $10 Million Lawsuit Against Designers Accused of Violating Noncompete and Trade Secrets Agreements

Charles H. Martin Contract Law and Public Policy, Contract Negotiation

Nike Inc has settled a lawsuit against three former shoe designers it had accused of stealing its commercial secrets and taking them to German rival Adidas AG with plans to open a footwear design

Source: Nike settles with designers it accused of stealing secrets | Reuters

Charles H. MartinNike Settles $10 Million Lawsuit Against Designers Accused of Violating Noncompete and Trade Secrets Agreements