Trade secrets have historically been state law rights. The advent of the Uniform Trade Secrets Act provided a common basis for many state statutes across the United States, yet Congress did not regulate civil actions in this important area of law – until now. The Defend Trade Secrets Act of 2016, sponsored by Sen. Orrin Hatch, R-Utah and just signed by President Obama, creates a federal law that, among other things, creates a federal civil cause of action for the theft of trade secrets.
How does this law affect corporate rights and responsibilities? What proactive steps do companies need to implement to take advantage of this new civil cause of action?
Nick Akerman, national commentator on computer crime, and Aaron Goldstein, a partner in Dorsey’s employment practice, discuss the new law, long-term rights, and what companies should do about the change.
- Michael Droke, Partner, Seattle, Labor and Employment
- Nick Akerman, Partner, New York, Cybersecurity, Privacy and Social Media
- Aaron Goldstein, Partner, Seattle, Labor and Employment
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**NOTE: Watching this recording does not allow the user to obtain CLE, CPD, CPE or HR credits.