After years of stops and starts in Congressional efforts to pass a law creating a federal claim for misappropriation of trade secrets that can be pursued by private citizens and companies (as opposed to federal prosecutors), the last few weeks have produced an astonishing acceleration of those efforts. This month, the Defend Trade Secrets Act has been approved by both houses of Congress in resounding fashion. It is on the brink of being enacted into law.
On April 27, 2016, the House of Representatives voted 410-2 to pass the Defend Trade Secrets Act. That vote came quickly on the heels … Continue Reading