On May 11, 2016, President Obama enacted a new federal trade secret protection law known as the Defend Trade Secrets Act of 2016 (DTSA). The DTSA makes federal protection against the misappropriation of trade secrets available to private parties. Before the DTSA, private parties who sought to protect their trade secrets from misappropriation were limited […]
Category: Trade Secrets
Does Your Business Comply with the New Federal Trade Secret Law?
Understanding the New Federal Trade Secret Law On May 11, 2016, President Obama enacted a new federal trade secret protection law as part of an update to the Economic Espionage Act of 1996 (EEA). The new trade secret law, known as the Defend Trade Secrets Act of 2016 (DTSA), makes federal protection against the misappropriation […]
New U.S. Federal Trade Secrets Law, New Litigation Options (Part 2)
This blog post is the second in a two-part series covering a new trade secret law, the Defend Trade Secrets Act of 2016 (DTSA). This post focuses on the differences between this new federal trade secret law, state laws, and the Economic Espionage Act of 1996 (EEA) (which provides criminal liability for trade secret misappropriation […]
Understanding The New Federal Trade Secret Law (Part 1)
When it comes to trade secret protection, there’s a new sheriff in town. Congress recently updated the Economic Espionage Act of 1996 (EEA), and as part of that update, it created a brand new federal trade secret protection law. Shockingly, and in a rare flash of solidarity, the U.S. Senate unanimously passed the law, and […]
Computer Fraud and Abuse Act, Or Stealing Trade Secrets?
Before Computers Ruled the World Once upon a time, businesses stored trade secrets and other proprietary information in locked file cabinets. In the old ink-on-paper days, it was relatively easy to safeguard proprietary information. A limited number of people had keys to the file cabinets. Of course, it was possible to steal the information from […]