SAN FRANCISCO — After languishing for more than three years, a bill that would allow parties to sue in federal court over trade secrets theft appears on track to be passed by Congress. But while most lawyers in the field agree it will be a boon to their practices, there’s a sharp divide over whether the legislation spells relief or a new threat to Silicon Valley’s fast-moving economy.
The Defend Trade Secrets Act sailed through the Senate this past week with no opposition. Though the bill had been bogged down in both chambers because of a lack of movement on patent reform, prospects for the measure look good in the House as well.
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