Carter & Tani

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August 2016 Archives

The Defend Trade Secrets Act of 2016: Good News for Franchisors and other Companies with Trade Secrets

In May of this year, President Obama signed into law the Defend Trade Secrets Act of 2016 ("DTSA"), which creates a federal cause of action for trade secret misappropriation. Before the passage of this Act, the only cause of action for trade secret misappropriation was in state court. Most states have adopted a version of the Uniform Trade Secrets Act ("UTSA"), which provides a state cause of action for trade secret theft.