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Defend Trade Secrets Act

President Obama recently signed the Defend Trade Secrets Act, which creates a federal cause of action for misappropriation of trade secrets.

While national uniformity is likely several decades away – as the law is interpreted by federal courts, courts of appeals, and the Supreme Court, this brings uniformity to an area of law that was previously governed by a patchwork of 50 State Laws that, while similar, had variations.


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