What to do about a possible wrongful interference with a business?
My family and I formed an LLC and bought a small food manufacturing business after the previous owner had gone bankrupt. The price included brand name, equipment and recipes. A former employee of the previous owner took a copy of these recipes when the business closed and is now manufacturing and selling the various products under another name but with a label that is designed to look similar to our label and logo. The previous owner wanted to sue this employee but did not have the funds to do so. To my knowledge this employee was never required to sign any non-disclosure agreement. Do we (our LLC) have any legal recourse against this person who has done this unethical act?