Law360 discussed the proposed Uniform Trade Secrets Act with Government Affairs Partner Val Perkins. Mr. Perkins said that the Act would codify and modernize existing Texas common law relating to the misappropriation of trade secrets, while enhancing available remedies to aggrieved businesses.
The bill specifies what information is considered a trade secret, "providing more clarity and consistency as compared to the common law," Mr. Perkins said. The bill also provides that injunctive relief is a "proper remedy," giving courts statutory authority for issuing such orders.
Subscribers can access the full article here.