Update:

Just a couple of weeks ago, we reported that the Defend Trade Secrets Act of 2016 had been passed in the Senate by a vote of 87-0. The House passed the DTSA by a vote of 410-2 on April 27, 2016. Enactment of the DTSA is a near certainty now, as President Obama has previously expressed support for the bill and is expected to sign it.

Besides allowing access to federal courts for trade secret actions, will the DTSA have any significant effect on trade secret law and practice? We’ll provide our analysis and predictions in our next update on the DTSA.