Webinar to Address Major Provisions of the New Defend Trade Secrets Act
Fitch, Even, Tabin & Flannery LLP will host a complimentary webinar, “The Defend Trade Secrets Act: A Federal Remedy at Last,” presented by Thomas F. Lebens. The webinar will take place on Wednesday, May 25, 2016, at 9 am PDT / 10 MDT / 11 am CDT / 12 noon EDT.
Congress recently passed the Defend Trade Secrets Act, and with President Obama’s expected signature, a federal civil remedy for trade secret misappropriation will become law, Fitch, Even says on its website. The bill will mean a shake-up for U.S. trade secrets law, which for years has been protected by a patchwork of state laws under various enactments of the Uniform Trade Secrets Act. A single federal statute would move us toward applying the law uniformly nationwide, and trade secret claims could be filed in federal court. The new law, however, will not completely replace state trade secrets law, but will coexist with it. Protections for trade secrets will be more on balance with those available to patents, copyrights, and trademarks.
The webinar will address these major provisions of the Defend Trade Secrets Act:
• Ex parte seizure of property to prevent dissemination of trade secrets
• Preemption of state law prohibiting restraints on employment
• Whistleblower protections for reporting trade secret misappropriation
• Enhanced damages
CLE credit has been approved for California and Illinois and is pending in Nebraska. Other states may also award CLE credit upon attendee request.
Following the live event, a recording of the webinar will be available to view for one year at fitcheven.com.
