In a split ruling this week, the United States Federal Circuit Court of Appeals handed United States-based businesses a powerful weapon to combat the overseas theft of their trade secrets. The Court held that any product manufactured overseas with the assistance of purloined trade secrets belonging to a United States-based business can be refused entry [...]
In a split ruling this week, the United States Federal Circuit Court of Appeals handed United States-based businesses a powerful weapon to combat the overseas theft of their trade secrets.
The Court held that any product manufactured overseas with the assistance of purloined trade secrets belonging to a United States-based business can be refused entry into the United States, even if the theft of the secret occurred entirely on foreign soil.
The decision significantly reverses what has been a clear multi-year trend in the United States Courts to limit judicial recourse and remedies to wrongdoing that occurs in the United States, while simultaneously asserting that United States law is a force to be reckoned with in defining the limits of acceptable business conduct around the world.
Read the full report here.
Source: William Wallace et al., Clifford Chance LLP
