by Jack Moran, Esq.
On May 11, 2016, President Obama signed the Defend Trade Secrets Act of 2016 (DTSA) which makes significant changes to the world of trade secret law and the protections afforded. First and foremost, the DTSA allows trade secret owners to bring suit in federal court without relying on diversity jurisdiction, and adds trade secrets to the list of federally-protected intellectual property (along with patents, trademarks, and copyrights).
While the DTSA has many consequences, three implications in particular stand out for practitioners, businesses, and employees. Understanding these ramifications is crucial to claiming the protections and privileges that the new law offers.Read More