China Worries Improve Prospects Of Trade Secrets Bill
By Ryan Davis (July 2, 2013, 8:28 PM EDT) -- A new bill in Congress to allow companies to file civil suits in federal court when their trade secrets are stolen would provide important new protections for trade secrets and is likely to garner wide support amid growing concern about Chinese economic espionage, attorneys say.
The Private Right of Action Against Theft of Trade Secrets Act, H.R.2466, introduced by Rep. Zoe Lofgren, D-Calif., on June 20, would add a civil remedy to the Economic Espionage Act, which now only permits federal prosecutors to file criminal trade secrets cases.
The government can't realistically bring charges in every trade secrets case, so a...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!