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Trade Secrets

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New Federal Trade Secrets Bill Was Signed into Law – What’s Next?

On May 11, 2016, President Obama signed S. 1890 – The Defend Trade Secrets Act (DTSA) into law, the final step in creating the first federal civil cause of action against those who misappropriate a company’s trade secrets. In signing the Act, President Obama spoke of American innovation and the threat that trade secret theft, particularly … Continue reading

See You in Federal Court: Congress Creates Federal Civil Action for Trade Secret Misappropriation

Congressional efforts to create a federal remedy to protect company trade secrets have been underway for several years. Last week, S. 1890 – Defend Trade Secrets Act of 2016, which would amend the Economic Espionage Act of 1996 to create federal civil jurisdiction over the theft of trade secrets, was sent by Congress to the … Continue reading

Federal Trade Secrets Protection Act Approved by House Judiciary Committee

On September 17, 2014, the House Judiciary Committee approved the bi-partisan federal Trade Secrets Protection Act of 2014, H.R. 5233, which we previously wrote about when introduced in July, 2014 by North Carolina Representative George Holding.  H.R. 5233 seeks to amend the Economic Espionage Act of 1996 to create a federal civil remedy for trade … Continue reading

Trade Secrets Protection Act of 2014 Introduced in Bi-Partisan Effort to Protect Businesses From Cyber Security Threats

On July 29, 2014, North Carolina Congressman George Holding introduced the Trade Secrets Protection Act of 2014, H.R. 5233, which seeks to create a private federal remedy for victims of trade secret theft.  Representative Holding introduced the bill with five co-sponsors from both sides of the aisle, affirming in his statement the importance of protecting … Continue reading

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