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The Uniform Trade Secrets Act (UTSA), published by the Uniform Law Commission (ULC) in 1979 and amended in 1985, is a model law designed for adoption by U.S. states. [1] It was developed to resolve inconsistencies in the treatment of trade secrets across different states.
A trade secret is any “formula, pattern, device or compilation of information which is used in one’s business, and which gives [the employer] an opportunity to obtain an advantage over competitors who do not know or use it.” [2] "New York courts typically consider the following factors in determining whether there is a trade secret: (1 ...
Due these Constitutional requirements, patents and trademarks enjoy a strong federal protection in the USA (the Lanham Act and Patent Act, respectively), while trade secrets usually have to rely on more limited state laws. Most states have adopted the Uniform Trade Secrets Act (UTSA), except for Massachusetts, New York, and North Carolina.
Uniform Supervision of Trustees for Charitable Purposes Act: 1954 Uniform Surface Use and Mineral Development Accommodation Act: 1990 Uniform Tod Security Registration Act: 1989 Uniform Testamentary Additions to Trusts Act: 1960, 1991 Uniform Trade Secrets Act: 1979, 1985 Uniform Transboundary Pollution Reciprocal Access Act: 1982
Fujian Jinhua Integrated Circuit Co Ltd was cleared on Tuesday of U.S. allegations that the Chinese chipmaker stole trade secrets, in a case that fanned tensions in an intensifying technology race ...
Disney wants to keep confidential any proprietary information or trade secrets that comes out of its state court fight with Gov. Ron DeSantis' appointees over who controls the governing district ...
The Uniform Law Commission (ULC), also called the National Conference of Commissioners on Uniform State Laws, [3] is a non-profit, American unincorporated association. . Established in 1892, the ULC aims to provide U.S. states (plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands) with well-researched and drafted model acts to bring clarity and stability to critical areas of ...
A German-Canadian resident of China was sentenced to 24 months in prison in the U.S. for stealing electric vehicle trade secrets from Tesla for his competing EV battery business, the U.S ...