Trade Secrets Receive Federal Protection
This post discusses the civil and criminal protections for trade secrets available since May 12, 2016 under the federal Defend Trade Secrets Act (DTSA).
Relevant definitions in the DTSA roughly follow – with numerous modest differences – those in the Uniform Trade Secrets Act , which has been adopted, with various modifications, by almost all states. (more…)
DTSA (Defend Trade Secrets Act) Requires Notice to Employees
Until recently, trade secrets were solely a matter of state law. However, on May 11, 2016, President Obama signed the DTSA, the Defend Trade Secrets Act of 2016.
Because of the DTSA, trade secret misappropriation suits with an interstate component now can be filed in federal court. For more information about civil and criminal enforcement, please see Trade Secrets Receive Federal Protection. (more…)