OPINION: Bipartisan Trade Secrets Legislation Is Back

Law360, New York (August 3, 2015, 10:26 AM EDT) -- Bipartisan, bicameral legislation is back. Acting to secure the valuable trade secrets of America's most innovative and creative companies, a bipartisan group in both the Senate and the House introduced legislation on July 29 that will create a federal civil remedy for trade secret misappropriation.

Trade secrets are increasingly important to companies in all industry sectors and all sizes. From product designs for jet engines to the literal and figurative "secret sauce," which can include the source code and data analytics that power Silicon Valley, trade secrets are an essential form of intellectual property. Often developed at great cost, they give...

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