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What is a trade secret? |
A trade secret does not
require absolute secrecy. Other people or
companies can possess the same information as long as
the facts are not generally known or available. However,
a trade secret owner must take appropriate measures to
protect the information. Please see specific state for details and/or differences.
ALABAMA | ALASKA | ARIZONA | ARKANSAS | CALIFORNIA | COLORADO | CONNECTICUT | DELAWARE | FLORIDA
ALABAMA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Code of Ala. §
8-27-3. Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Alabama provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Code of Ala. §
8-27-4. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Code of Ala. §
8-27-4(2) and (3).
ALASKA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Alaska Stat. §
45.50.940. Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Alaska provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Alaska Stat. §§
45.50.910 to 45.50.915. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Alaska Stat. §§
45.50.910(b) and 45.50.915(b).
ARIZONA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Id. Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Arizona provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. A.R.S. §§ 44.402
to 44-404. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
ARKANSAS
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Ark. Stat. Ann. §
4-75-601(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Arkansas provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Ark. Stat. Ann.
§§ 4-75-604 and 4-75-606 - 607. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Ark. Stat. Ann. §§
4-75-604 and 4-75-607.
CALIFORNIA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Cal. Civ. Code §
3426.1(b). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
California
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Cal. Civ. Code §§
3426.2 to 3426.4. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
COLORADO
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. C.R.S. §
7-74-102(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Colorado provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. C.R.S. §§
7-74-103 to 7-74-105. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
CONNECTICUT
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Conn. Gen. Stat. §
35-51(b). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Connecticut
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Conn. Gen. Stat.
§§ 35-52 to 35-54. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
DELAWARE
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. 6 Del. C. §
2001(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Delaware provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. 6 Del. C. §§ 2002
to 2004. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
FLORIDA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Fla. Stat. ch.
688.02(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Florida provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Fla. Stat. chs.
688.003 to 688.0005. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
GEORGIA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. O.C.G.A. §
10-1-761(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Georgia provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. O.C.G.A. §§
10-1-762 to 10-1-764. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
HAWAII
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Id. Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Hawaii provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. HRS §§ 482B-3 to
482B-5. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
IDAHO
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Idaho Code §
48-801(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Idaho provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Idaho Code §§
48-802 and 48-803. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
ILLINOIS
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. 765 ILCS
1065/2(b). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Illinois provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. 765 ILCS 1065/3
to 1065/5. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
INDIANA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Id. Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Indiana provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Ind. Code Ann. §§
24-2-3-3 to 24-2-3-5. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
IOWA
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Iowa Code §
550.2(3). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Iowa provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Iowa Code §§
550.3 to 550.5. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
KANSAS
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. K.S.A. §
60-3320(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Kansas provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. K.S.A. §§ 60-3321
to 3323. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
KENTUCKY
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. KRS § 365.880(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Kentucky provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. KRS §§ 365.882 to
365.886. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
LOUISIANA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. La.R.S.
51:1431(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Louisana provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. La. R.S. 51:1432
to 51:1434. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
MAINE
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. 10 M.R.S. §
1542(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Maine provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. 10 M.R.S. § 1543
to 1545. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
MARYLAND
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Md. Commercial
Law Code Ann. § 11-1201(c). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Maryland provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Md. Commercial
Law Code Ann. §§ 11-1202 to 11-1204. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
MASSACHUSETTS
A trade secret does not
require absolute secrecy. Other people or
companies can possess the same information as long as
the facts are not generally known or available. However,
a trade secret owner must take appropriate measures to
protect the information. Id.
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Mass. Ann. Laws ch.
93, § 42 (1996). Reverse Engineering,
independent creation, review of public records, and
buying or licensing the trade secret are proper ways of
obtaining information and are not acts of
misappropriation.
MICHIGAN
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Restatement
(First) of Torts § 757. Reverse
Engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Michigan provides several
remedies to the damaged party. The courts
can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Generally, the
courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Restatement (First) of
Torts § 758.
MINNESOTA
Information,
including a formula, pattern, compilation, program,
device, method, (i) derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its
disclosure or
use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. Minn. Stat.
§
325C.01 subd. 5 (1995)
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Minn. Stat. §
325C.01 subd. 3 (1995). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
The UTSA provides several
remedies to the damaged party. The courts
can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Minn. Stat. §
325C.02-04 (1995). Generally, the courts
will not award damages against a defendant who acquired
the trade secret information in good faith and who
materially changed his/her position before learning that
the information was a trade secret. Minn.
Stat. § 325C.01 subd. 3 (1995)
MISSISSIPPI
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Miss. Code Ann. §
75-26-3(b). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Mississippi
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Miss. Code Ann.
§§ 75-26-5 to 75-26-9. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
MISSOURI
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Restatement
(First) of Torts § 757. Reverse
Engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Missouri provides several
remedies to the damaged party. The courts
can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Generally, the
courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Restatement (First) of
Torts § 758.
MONTANA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Mont. Code Ann. §
30-14-402(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Montana provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Mont. Code Ann.
§§ 30-14-403 to 30-14-405. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
NEBRASKA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. R.R.S. Neb. §
87-502(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Nebraska provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. R.R.S. Neb. §§
87-503 to 87-505. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
NEVADA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Nev. Rev. Stat.
Ann. § 600A.030(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Nevada provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Nev. Rev. Stat.
Ann. § 600A.040 to 600A.060. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
NEW HAMPSHIRE
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. RSA 350-B:1(II). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
New Hampshire
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. RSA 350-B:2 to 350-B:4. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
NEW JERSEY
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Restatement
(First) of Torts § 757. Reverse
Engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
New Jersey provides several
remedies to the damaged party. The courts
can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Generally, the
courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Restatement (First) of
Torts § 758.
NEW MEXICO
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. N.M. Stat. Ann. §
57-3A-2(B). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
New Mexico
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. N.M. Stat. Ann.
§§ 57-3A-3 to 57-3A-5. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
NEW YORK
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Restatement
(First) of Torts § 757. Reverse
Engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
New York provides several
remedies to the damaged party. The courts
can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Generally, the
courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Restatement (First) of
Torts § 758.
NORTH CAROLINA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. N.C. Gen. Stat. §
66-152(1). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
North Carolina
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. N.C. Gen. Stat. §
66-154. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
NORTH DAKOTA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. N.D. Cent. Code §
47-25.1-01(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
North Dakota
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. N.D. Cent. Code
§§ 47-25.1-02 to 47-25.1-04. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
OHIO
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. ORC Ann.
1333.61(B). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Ohio provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. ORC Ann. 1333.62
to 1333.64. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
OKLAHOMA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. 78 Okl. St. §
86(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Oklahoma provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. 78 Okl. St. §§ 87
to 89. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
OREGON
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. ORS § 644.461(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Oregon provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. ORS §§ 646.463 to
646.467. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
PENNSYLVANIA
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Restatement
(First) of Torts § 757. Reverse
Engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Pennsylvania provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Generally, the
courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Restatement (First) of
Torts § 758.
RHODE ISLAND
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. R.I. Gen. Laws §
6-41-1(B). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Rhode Island
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. R.I. Gen. Laws §§
6-41-2 to 6-41-4. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
SOUTH CAROLINA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. S.C. Code Ann. §
39-8-1(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
South Carolina
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. S.C. Code Ann. §
39-8-2 to 39-8-4. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
SOUTH DAKOTA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. S.D. Codified
Laws § 37-29-1(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
South Dakota
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. S.D. Codified
Laws § 37-29-2 to 37-29-4. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
TENNESSEE
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Restatement
(First) of Torts § 757. Reverse
Engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Tennessee provides several
remedies to the damaged party. The courts
can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Generally, the
courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Restatement (First) of
Torts § 758.
TEXAS
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Restatement
(First) of Torts § 757. Reverse
Engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Texas provides several
remedies to the damaged party. The courts
can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Generally, the
courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Restatement (First) of
Torts § 758.
UTAH
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Utah Code Ann. §
13-24-2(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Utah provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Utah Code Ann. §§
13-24-3 to 13-24-5. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
VERMONT
"Misappropriation" can
include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. UTSA § 1(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
The UTSA provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. UTSA §§
2-4. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
VIRGINIA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Id. Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Virginia provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Va. Code. Ann. §§
59.1-337 to 59.1-338.1. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
WASHINGTON
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Rev. Code Wash. §
19.108.010(2). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Washington
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Rev. Code Wash.
§§ 19.108.020 to 19.108.040. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
WEST VIRGINIA
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. W. Va. Code §
47-22-1(b). Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
West Virginia
provides several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. W. Va. Code §§
47-22-2 to 47-22-4. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
WISCONSIN
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Id. Reverse
engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Wisconsin provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Id. Generally,
the courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Id.
WYOMING
"Misappropriation"
can include a variety of acts, such as acquiring a trade
secret by improper means or knowingly disclosing
confidential information. Restatement
(First) of Torts § 757. Reverse
Engineering, independent creation, review of public
records, and buying or licensing the trade secret are
proper ways of obtaining information and are not acts of
misappropriation.
Wyoming provides
several remedies to the damaged party. The
courts can: (i) grant injunctive relief for actual or
threatened misappropriation; (ii) assign a reasonable
royalty upon the continued use of the misappropriated
trade secret; (iii) give the plaintiff damages based
upon the plaintiff's actual loss, the defendant's unjust
enrichment, or a reasonable royalty rate; (iv) award
exemplary damages and attorney fees; or (v) order the
defendant to take remedial action to remedy the trade
secret misappropriation. Generally, the
courts will award lower damage amounts and narrower
injunctions against a defendant who acquired the trade
secret information in good faith and materially changed
his/her position before learning that the information
was a trade secret. Restatement (First) of
Torts § 758. |
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