Illinois Compiled Statutes 765 ILCS 1065 — Illinois Trade Secrets Act.

This Act shall be known as and may be cited as the "Illinois Trade Secrets Act"

This Act shall be known as and may be cited as the "Illinois Trade Secrets Act". (Source: P.A. 85-366.)

As used in this Act, unless the context requires otherwise: (a) "Improper means" includes theft, bribery, misrepresentation, breach or inducement of a breach of a confidential relationship or other duty to maintain secrecy or limit use, or espionage through electronic or other means. Reverse engineering or independent…

(a) Actual or threatened misappropriation may be enjoined

(a) Actual or threatened misappropriation may be enjoined. Upon application to the court, an injunction may be terminated when the trade secret has ceased to exist, provided that the injunction may be continued for an additional reasonable period of time in appropriate circumstances for reasons including, but not limit…

(a) In addition to the relief provided for by Section 3, a person is entitled to recover damages for misappropriation

(a) In addition to the relief provided for by Section 3, a person is entitled to recover damages for misappropriation. Damages can include both the actual loss caused by misappropriation and the unjust enrichment caused by misappropriation that is not taken into account in computing actual loss. If neither damages nor…

If (i) a claim of misappropriation is made in bad faith, (ii) a motion to terminate an injunction is made or resisted in bad faith, or (iii) willful and malicious misappropriation exists, the court may award reasonable attorney's fees to the prevailing party. (Source: P.A. 85-366.)

In an action under this Act, a court shall preserve the secrecy of an alleged trade secret by reasonable means, which may include granting protective orders in connection with discovery proceedings, holding in camera hearings, sealing the records of the action, and ordering any person involved in the litigation not to…

An action for misappropriation must be brought within 5 years after the misappropriation is discovered or by the exercise of reasonable diligence should have been discovered

An action for misappropriation must be brought within 5 years after the misappropriation is discovered or by the exercise of reasonable diligence should have been discovered. For the purposes of this Act, a continuing misappropriation constitutes a single claim. (Source: P.A. 85-366.)

(a) Except as provided in subsection (b), this Act is intended to displace conflicting tort, restitutionary, unfair competition, and other laws of this State providing civil remedies for misappropriation of a trade secret. (b) This Act does not affect: (1) contractual remedies, whether or not based upon misappropriatio…

This Act takes effect on January 1, 1988, and does not apply to misappropriation occurring prior to its effective date

This Act takes effect on January 1, 1988, and does not apply to misappropriation occurring prior to its effective date. (Source: P.A. 85-366.)