The New ‘Defend Trade Secret Act’ Set to Become Law
With President Obama’s anticipated signature, The Defend Trade Secret Act provides the first federal cause of action for trade secret misappropriation. Cantor Colburn attorneys present this white paper to explain further.
The Defend Trade Secret Act (DTSA), expected to be signed into law in the upcoming weeks, provides companies their first opportunity to go directly to federal court to argue trade secret cases. Though for decades trade secret laws remained exclusively in state law domain, the new law is expected to provide monetary and injunctive relief when trade secrets are stolen at a federal level.