Defend Trade Secrets Act of 2016

The Defend Trade Secrets Act of 2016, also known as Bill 114 s 1890, is a piece of legislation that was introduced in the United States Congress. The main purpose of this bill is to provide a federal civil remedy for the misappropriation of trade secrets.

Under this bill, trade secrets are defined as information that derives independent economic value from not being generally known or readily ascertainable by others, and is subject to reasonable efforts to maintain its secrecy. The bill allows for trade secret owners to bring a civil action in federal court if their trade secrets have been misappropriated.

The bill also includes provisions for the seizure of property necessary to prevent the dissemination of trade secrets, as well as measures to protect the confidentiality of trade secret information during legal proceedings. Additionally, the bill provides for remedies such as damages, injunctive relief, and attorney's fees for successful trade secret owners. Overall, the Defend Trade Secrets Act of 2016 aims to strengthen the protection of trade secrets in the United States by providing a uniform federal standard for trade secret misappropriation claims.