New York S05336 establishes the Uniform Trade Secrets Act to protect trade secrets.
New York S05336 creates the Uniform Trade Secrets Act, which defines trade secrets and outlines procedures for protecting them. It allows for injunctive relief to prevent misappropriation, provides for damages, and allows for attorney's fees in cases of bad faith. The act also includes provisions for preserving secrecy, a statute of limitations, and uniformity of application. It takes effect 180 days after becoming law, except for provisions that do not apply retroactively.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.