Dems Aim To Steer Trade Secret Cases To Federal Court

Law360, New York (July 17, 2012, 1:19 PM EDT) -- Democratic senators introduced new legislation Tuesday aimed at allowing U.S. companies to more effectively combat trade secret theft through the federal court system in an effort to reduce the billions of dollars lost each year from corporate espionage.

U.S. Sen. Herb Kohl, D-Wis., along with Sens. Chris Coons, D-Del., and Sheldon Whitehouse, D-R.I., sponsored the Protecting American Trade Secrets and Innovation Act of 2012, legislation intended to make it easier for U.S. companies to defend themselves against trade secret theft and corporate espionage. 

“This legislation is...
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