On February 6, 2013, the federal Second Circuit Court of Appeals affirmed $15 million of a $18.1 million dollar jury verdict (onto which the trial court tacked on an additional $1.5 million in interest) in favor of a New York subway brake manufacturer on its trade secret misappropriation claim against a former licensee turned competitor. Faively Transport USA, Inc. v.
Continue Reading Second Circuit Largely Affirms $18.1 Million Trade Secrets Misappropriation Verdict
Extraordinary 20-Year Global Injunction For “Bulletproof” Trade Secrets Theft
We previously blogged in our 2011 year end review about a noteworthy trade secret misappropriation case where DuPont Co. successfully obtained a jury verdict of approximately $920 million in damages against rival Kolon Industries Inc. DuPont sued Kolon for the alleged theft of trade secrets regarding a proprietary fiber used to make “bulletproof” police and riot gear.
Yesterday, U.S. District
Continue Reading Extraordinary 20-Year Global Injunction For “Bulletproof” Trade Secrets Theft