Do you want to own a secret? What you should know about the new Texas trade secret law

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Texas recently became the 47th state to adopt a version of the Uniform Trade Secrets Act (UTSA). The Texas UTSA, taking effect on 1 September 2013, aims to benefit the business community by bringing Texas trade secret law more in line with the law of other states and by bringing increased predictability to Texas’s own trade secret jurisprudence.

However, the Texas UTSA contains some key variations from the model UTSA, which businesses should keep in mind when crafting documents and determining strategies with respect to their trade secrets…

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