Courts Set Higher Bar for Claiming Damages Beyond Direct Losses in Trade Secret Violations
Washington, D.C. — Winning compensatory damages for trade secret theft has always been a crucial remedy for businesses seeking justice, but recent legal hurdles have made it increasingly difficult for plaintiffs to secure payouts that go beyond mere compensatory figures. Businesses often claim that the value of a stolen trade secret is immeasurable, considering its potential to offer competitive edge and innovation. However, courts are now requiring more concrete evidence of such claims, pressing plaintiffs to prove the actual damage and potential losses in explicit detail. Until recently, companies victimized by trade secret infringement could … Read more