Rhode Island § 6-41-3 § 6-41-3. Damages.

Rhode Island Statutes

§ 6-41-3 — § 6-41-3. Damages.

Rhode Island·Title 6 Commercial Law – General Regulatory Provisions·Ch. 6-41 Uniform Trade Secrets Act

§ 6-41-3. Damages.
(a) Except to the extent that a material and prejudicial change of position prior to acquiring
            knowledge or reason to know of misappropriation renders a monetary recovery inequitable,
            a complainant 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. In lieu
            of damages measured by any other methods, the damages caused by misappropriation may
            be measured by imposition of liability for a reasonable royalty for a misappropriator's
            unauthori

Free access — add to your briefcase to read the full text and ask questions with AI

§ 6-41-3. Damages.

(a) Except to the extent that a material and prejudicial change of position prior to acquiring knowledge or reason to know of misappropriation renders a monetary recovery inequitable, a complainant 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. In lieu of damages measured by any other methods, the damages caused by misappropriation may be measured by imposition of liability for a reasonable royalty for a misappropriator's unauthorized disclosure or use of a trade secret.

(b) If willful and malicious misappropriation exists, the court may award exemplary damages in an amount not exceeding twice an award made under subsection (a).

Rhode Island § 6-41-3 (§ 6-41-3. Damages.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.