IPWatchdog, a leading intellectual property law blog, recently published a piece by partner David Sar on the Defend Trade Secrets Act of 2016.
Sar explains how the law will create new lawsuits and federal claims because it “provides that an owner of a misappropriated trade secret may bring a federal civil action ‘if the trade secret is related to a product or service used in, or intended for use in, interstate or foreign commerce.’”
The article also explores new whistleblower protections that may require companies to re-examine their non-disclosure agreements. Under the law, immunity is provided to a whistleblower who discloses a trade secret for the purpose of reporting a suspected violation of the law. Sar encourages “companies to consider whether their standard NDAs and employee handbooks need to be revised” in light of these changes.
The article can be read in full here.
