CHAPTER 625
UNIFORM TRADE SECRETS ACT

      Sec. 35-51. Definitions.

      Subsec. (d):

      Not all components of a secret business plan are necessarily trade secrets; plaintiff corporation's plan to use open chest surgery products to generate cash in a declining market was an element of plaintiff's future business strategy and defendant's disclosure of plan constituted misappropriation of trade secret; employee seeking to purchase a publicly traded corporation is not competing with the shareholder owners of trade secret and does not seek to deprive them of right to profit from their investments. 282 C. 209.

      Sec. 35-53. Damages. Punitive damages for wilful and malicious misappropriation.

      Subsec. (b):

      Since defendant's attempted takeover of plaintiff employer was not intended to injure the shareholder owners of a trade secret and did not constitute a malicious violation of CUTSA, plaintiff was not entitled to punitive damages and attorneys fees. 282 C. 209.