House Panel OKs Trade Secret Bill, Disputed Seizure Rules

Law360, New York (September 17, 2014, 4:25 PM EDT) -- The U.S. House Judiciary Committee gave the green light Wednesday to legislation that would create a federal private right of action for trade secrets theft, but not before Democrats protested ex parte seizure provisions that critics fear could be used for anti-competitive purposes.

The committee reported out the Trade Secrets Protection Act, HR 5233, setting up a full House vote on a bill that would allow for civil lawsuits under the Economic Espionage Act. Currently, the statute provides only for criminal trade secrets cases lodged by...
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