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Perspective

Jan. 21, 2016

Companies should welcome passage of DTSA

In July 2015, bipartisan sponsors in both houses of Congress introduced the Defend Trade Secret Acts, intending to create a civil cause of action for trade misappropriation. By Chris Cox and Bambo Obaro

Chris Cox

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By Chris Cox and Bambo Obaro

Trade secret protection exists primarily as a matter of state law. In July 2015, bipartisan sponsors in both houses of Congress introduced the Defend Trade Secrets Act (DTSA), which is intended to create a federal civil cause of action for trade secret misappropriation. Although the proposed federal legislation has mostly been welcomed by corporates and practitioners alike, some have voiced concerns about how the DTSA ...

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