Three attorneys from Mintz Levin’s IP and Employment practices are featured writers in the American Bar Association’s Business Law Today publication, explaining the ins-and-outs of the Defend Trade Secrets Act (DTSA). For the first time, the DTSA gives American companies the opportunity to protect against and remedy misappropriation of important proprietary information in federal court.
Businesses should be aware of the salient provisions of the DTSA in order to adequately prepare to employ its protections. This article discusses these provisions, which include:
- the impact of instituting a uniform statute to be applied nationwide in federal court, where previously, companies seeking redress for trade-secret misappropriation had no choice but to sue in state court
- the now uniform definitions for the critical terms “trade secret” and “misappropriation”, as provided by the DTSA
- the new civil seizure mechanism
- the whistle blower immunity provision
To read the full article, please click here.