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Finns are familiar with a delicious almond cream cake called Ellen Svinhufvudin kakku. It was tasted at the parties at the presidential palace, because Ellen was the wife of the the president, Per Svinhufvud. A small bakery - Stella Konditoria - made this traditional cake, whose recipe was originally given to the pastry shop by Ellen Svinhufvud. In addition, the cake was a registered trademark for Stella since 1994. St ockmann, Finland's most famous department store,had b

When you are employed by an employer, the results of your work, e.g. in the form of trade secrets, belong to the employer. This is very clear. Even though your name is at the top of a new, fancy report, the results are not your property. The employee cannot therefore use and take away valuable information, even though he or she has created it himself. On the other hand, the professional skills created as a result of the work, “skills”, belong to the person. If you make a pat

1. PARTIES TO THE AGREEMENT In common parlance, companies are only referred to by their common name, such as Lidl. But when making a contract, attention should be paid to the company's real and registered name, what it is, where the address is and what the company form is. A hypothetical example would be Lidl, officially it is Lidl Suomi Ky. , with an address in Espoo. But what if the contract took it higher in the hierarchy, Lidl Stiftung & Co. KG , Neckarsulm, Germany, coul

1. Subject of the collaboration : agree precisely what will be done in the collaboration in practice. This means that the definition part of the agreement clearly states what the collaboration is limited to. This has an impact when agreeing, for example, on ownership of intellectual property rights (IPR) and possible exclusive rights (exclusivity). Example: a device supplier and a customer (factory manufacturer) develop a new measuring device for process control. What measur

What exactly are trade secrets? Strange birds with wings that can only be identified? It is claimed that the Coca Cola recipe is the world's most famous trade secret. It has never been published or patented, but has been kept secret. Coca Cola has a very large vault in Atlanta, which they show the public, saying that it was where the recipe was stored. This vault and its story are part of the marketing and brand mystique — although the company is also very protective of the r

Many small businesses operate without their own lawyer — and then contracts can easily be incomplete or not properly understood. It's completely understandable, but it can lead to costly arguments and misunderstandings. Here are three things you should check for in every contract: 1️⃣ Are responsibilities and boundaries clearly defined? Unclear responsibilities can be a cause of disputes. 2️⃣ Is confidentiality in order? Trade secrets and customer information should always