15:53
@JumpySubsequentDolphin: I can respect the hustle.
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LSDefine
Simple English definitions for legal terms
head-start injunction
Read a random definition: Dodd-Frank: Title XV - Miscellaneous Provisions
A quick definition of head-start injunction:
A head-start injunction is a court order that stops someone from using a secret they stole from someone else. It's called a head-start because the person who stole the secret got an unfair advantage over everyone else in the industry. This injunction stops them from using the secret for the same amount of time it took for the secret to become public.A more thorough explanation:
A head-start injunction is a type of court order that prohibits a defendant from using a trade secret for a period of time equal to the time between the date of the secret's theft and the date when the secret became public. This period is known as the "head start" that the defendant unfairly gained over the rest of the industry.
For example, if a company steals a trade secret from a competitor and uses it to gain an advantage in the market, the competitor can seek a head-start injunction to prevent the company from using the trade secret for a period of time. This gives the competitor a chance to catch up and compete fairly in the market.
Overall, a head-start injunction is a powerful tool for protecting trade secrets and ensuring fair competition in the marketplace.