Defend Trade Secrets Act Close to Becoming Law
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On April 4, 2016, the Senate unanimously passed the Defend Trade Secrets Act, bringing a federal civil remedy for trade secret misappropriation one step closer to becoming law. House Judiciary Chairman Bob Goodlatte released a statement a few days later saying he planned to move the legislation through the House Judiciary Committee in the coming weeks. Given the signals that a federal civil trade secret law is imminent, this article will address the basics of the bill just passed by the Senate, so that any businesses and employers with trade secret issues can begin planning for changes that may be needed in written employment policies, nondisclosure policies, and litigation strategy. Read more on BakerHostetler's Employment Law Spotlight blog>>