An InsideCounsel May 23 article extensively quotes intellectual property litigation partner Peter Brody (Washington, D.C.) on the future impact of the Defend Trade Secrets Act (DTSA), which President Obama signed into law on May 11.
Mr. Brody explains that there are three key impacts of the DTSA. First, the majority of trade secret litigation is likely to shift to federal court, where patent and copyright and most trademark disputes are litigated. Second, there is likely to be an increase in the total amount of trade secret litigation. And third, as a federal statute, the DTSA promises greater uniformity in trade secret law than previously existed under state laws. The DTSA is the first law to grant to the federal district courts original jurisdiction over civil trade secret claims that previously were governed exclusively by state law.
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