By Jessica Mendelson and Robert Milligan
On July 17, 2012, Democratic senators Herb Kohl (Wisconsin), Sheldon Whitehouse (Rhode Island), and Chris Coons (Delaware) introduced legislation which they believe will aid American companies in effectively combating the theft of trade secrets. The proposed legislation, known as the Protecting American Trade Secrets and Innovation Act of 2012(“PATSIA”), will allow American companies
Continue Reading New Federal Trade Secrets Legislation Proposed
The FBI recently launched an initiative to curb the growing rise of trade secret and other intellectual property theft. The FBI estimates that U.S. companies have suffered over $13 billion in economic losses since October 2011 attributed to intellectual property theft, which includes the estimated future market value of stolen trade secrets.
With a website dedicated to educating the public about
Continue Reading You Think Trade Secrets Are Important? So Does the FBI
U.S. Senators Herb Kohl (D-WI) and Christopher Coons (D-DE) introduced an amendment to the Currency Exchange Rate Oversight Reform Act yesterday aimed at protecting American trade secrets and innovation.
Currently, Title 18 of the US Code only permits the Attorney General to bring a civil action in federal court for trade secret theft. The amendments would open the federal courts to
By Erik Weibust (Boston)
Illustrating the roadblocks that Taiwanese companies still must overcome to do business in mainland China (Taiwan split from China amid a civil war in 1949), Forbes.com is reporting that electronics giant Hon Hai Precision Industry Co. recently took out half-page ads in major Taiwanese newspapers complaining about delays in a Chinese court over the prosecution
Judge Leoni Brinkema (E.D. Va.) sentenced Gregg W. Bergersen to almost five years in prison for his role in providing secret information about U.S.-Taiwanese military relationships to a Chinese spy. According to Matthew Barakat, writing for the Associated Press, View Article, the Chinese spy (Tai Kuo) fronted as a New Orleans furniture salesman who was aligned with Taiwan. Instead