Mich. Comp. Laws § 445.1904

Current through Public Act 19 of the 2024 Legislative Session
Section 445.1904 - Misappropriation; recovery of damages

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.

MCL 445.1904

1998, Act 448, Imd. Eff. 12/30/1998 .