Blog Post
Mar 2, 2016
Upcoming Webinar: New Year, New Progress: 2016 Update on Defend Trade Secrets Act & EU Directive on Trade Secrets
There’s no doubt that protection of trade secrets is a major concern for most businesses operating in the global economy. To address the threat to the trade secrets of U.S. businesses, Senators Orrin Hatch (R-UT) and Christopher Coons (D-DE) introduced the “Defend Trade Secrets Act of 2016” in the U.S. Senate, while Rep. Doug Collins (R-GA) previously introduced a similar version of the bill (H.R. 3326) in the U.S. House of Representatives. If enacted, the Defend Trade Secrets Act would provide a civil cause of action in federal court to private litigants for “misappropriation of a trade secret that is related to a product or service used in, or intended for use in, interstate or foreign commerce.”
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