Significant developments in Illinois and Congress have changed the landscape of trade secret and restrictive covenant enforcement. For example:
- Congress' enactment of The Defend Trade Secrets Act (DTSA) in May 2016 created Federal protection for trade secrets
- Federal and state regulators have increased their scrutiny of restrictive covenant agreements in certain industry settings
- Illinois Restrictive Covenant Law is now in a state of flux due to conflicting opinions from local and Appellate Courts
Understanding the impact of these changes in Illinois (and each state where your company is located or does business), and the tools now available to employers for trade secret and restrictive covenant enforcement and protection, will help your company safeguard its most valuable assets and maintain its advantage over competitors.
Read on to access Seyfarth's resources, including our recently released guides; registration for our November 3rd Breakfast Briefing; and FAQs on Illinois Restrictive Covenant Law.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
