Defend Trade Secrets Act of 2016


On May 11, President Obama signed a new law that creates a federal cause of action for misappropriation of trade secrets.  The Defend Trade Secrets Act of 2016 (DTSA) places trade secrets on more even footing with other types of intellectual property, including copyrights, patents, and trademarks, and allows trade secret owners to seek redress in federal court for violations of their rights, without having to prove a separate basis for jurisdiction.  The DTSA is an important leap forward for businesses seeking to protect their proprietary information. Read more from OMA Connections Partner, Roetzel.