Stay updated with breaking news from Versata Software Inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In Part I of this article, we recapped some of the most notable trade secret cases of the past year that dealt with issues such as proving secrecy and exercising reasonable efforts, as well as the publication of a key judicial resource for trade secret cases.
In May 2023, the U.S. District Court for the Eastern District of Michigan overturned a jury verdict of nearly $105 million in a trade secret case. The court found that, because the...
Although the avoided costs doctrine is gaining some traction, this ruling demonstrates that courts may not accept unsupported or imprecise estimates of damages, even when juries determine that trade secrets have been misappropriated.
Introduction: Earlier this year, we covered the notable trade secrets verdict in Versata Software Inc. v. Ford Motor Co., No. 2:15-cv-10628 (E.D. Mich. Oct. 26, 2022),...
A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co. to pay ...