Sunday, December 25, 2005, 12/25/2005 12:46:00 PM

Trade Secrets Issues with Public Records Disclosure Regarding Ohio Investment Funds

From the Cincinnati Enquirer: a story concerning the fight by 68 private equity firms to stop release of a report by the state worker’s compensation insurance fund that the companies contend contain trade secrets and other sensitive information.

The Ohio Bureau of Workers' Compensation informed the private equity funds that it would release the report in response to a public records request.
This is a further development in a theme seen all this year, namely how doing business with the government – or really any entanglement with government at all – may put companies in positions where their trade secrets become subject to public records requests.

Expect even more on this subject in 2006 as companies’ needs for confidentiality and the desire to do business with the public sector continue to conflict with more open government.

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