Breach of NDA
If a party fails to uphold its obligations under the non-disclosure agreement, the injured party has up to five years to seek damages.[1]
Litigation for misappropriation of trade secrets has a shorter three-year deadline. The timeframe is set based on the date misappropriation was discovered, or should have been if reasonable due diligence had been exercised.[2]
Trade Secret: Defined
Information qualifies as a trade secret if its owner takes reasonable measures to keep it secret and it is not generally known or easily ascertainable by those who would benefit from its disclosure.[3]