On July 29, a bipartisan group of lawmakers led by Sens. Orrin Hatch, R-Utah, and Chris Coons, D-Del., in the U.S. Senate and Doug Collins, R-N.C., and Jerrold Nadler, D-N.Y., in the House of Representatives introduced the Defend Trade Secrets Act (DTSA) of 2015. The DTSA creates a civil claim for trade secret misappropriation under federal law and provides a broad scope of remedies that will be appealing to victims of trade secret theft.
Similar legislation was introduced unsuccessfully in 2014, and there have been other attempts in recent years to create a federal claim for trade secret misappropriation. But Republican victories in the 2014 midterm elections could improve the prospects that this bill, which has strong support among business groups, will reach President Obama’s desk.
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