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Thursday, December 26, 2024

Litigating a Trade Secret Case? If You Win, You May Collect Attorneys’ Fees.

Last updated Sunday, September 15, 2013 13:45 ET

This new law allows a court to award attorneys’ fees to the prevailing party--which may make the decision to litigate trade secret disputes easier.

Dallas, United States, 09/15/2013 / SubmitMyPR /

Keith Clouse, a Dallas trade secret attorney, has written before about the Texas Legislature’s recent enactment of the Texas Uniform Trade Secrets Act. This new law allows a court to award attorneys’ fees to the prevailing party--which may make the decision to litigate trade secret disputes easier.

Many businesses take every action possible to prevent the theft of trade secrets. Many businesses also take every action possible to remedy the situation if a theft occurs, but some businesses shy away from litigation because of the associated expenses. Because trade secret litigation moves fast and involves complicated legal analysis, attorneys’ fees add up quickly. The new trade secret statute, however, enables a judge to award attorneys’ fees to the prevailing party. Under the statute, if a judge finds that the misappropriation of trade secrets was willful and malicious, the court may award attorneys’ fees to the injured business. (A court may also award attorneys’ fees to the parties under other circumstances.)

To learn more about the new Texas trade secret law, contact an employment lawyer in your area. This article is presented by the employment law attorneys at Clouse Dunn LLP. For inquiries, send an email to [email protected] or call (214) 239-2705.