Bartko Bunzel Alert! President Signs “Defend Trade Secrets Act of 2016”: Federal Jurisdiction for Trade Secret Actions

Bartko Bunzel Alert!  President Signs “Defend Trade Secrets Act of 2016”:  Federal Jurisdiction for Trade Secret Actions

On May 11, 2016, President Obama signed the “Defend Trade Secrets Act of 2016” to “provide a single, national standard for trade secret misappropriation with clear rules and predictability” in federal court.  The new law can be found at 18 USC §§ 1836 and 1839.  Now trade secret holders have their choice of either state law or federal forums for filing their claims, and those threatened with a trade secret claim have the option of filing a preemptive declaratory judgment case in federal court.

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