As we previously reported, the newly-enacted Defend Trade Secrets Act (DTSA) represents a significant new weapon for companies to prosecute trade secret violations. Among other features, the DTSA’s nationwide reach and its provision for judicial seizure, double damages, and attorneys’ fees provide a much more robust enforcement and remedy scheme than is currently available under many state laws. In order for employers to take full advantage of all that the DTSA has to offer, employers who have trade secret or confidentiality restrictions in their agreements with employees and independent contractors must comply with the “immunity notice” requirement of the DTSA.
Continue Reading The Defend Trade Secrets Act’s Immunity Notice Requirement – Do Your Employment Agreements Comply?