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7th Circ. Ruling Muddies Split On Trade Secret Damages

By Jordan Rice ( December 11, 2024, 4:17 PM EST) -- The Uniform Trade Secrets Act, which nearly all states have adopted, and the federal Defend Trade Secrets Act, allow plaintiffs to recover damages for actual loss and the defendant's unjust enrichment. One common form of unjust enrichment damages are the defendant's avoided costs — the expenses the defendant would have incurred to independently develop the trade secret, absent misappropriation....

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