Ford wins reversal of $105 million trade secrets verdict
By Jonathan Stempel (Reuters) - A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co to pay Versata Software Inc $104....
Source: wkzo.com
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Ford wins reversal of $105 mln trade secrets verdict
A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co to pay Versata Software Inc $104.6 million for breaching a 2004 licensing contract and misappropriating trade secrets.
Source: reuters.com
Judge Pushes Software Biz To Defend $105M Ford IP Verdict
A Michigan federal judge on Friday challenged Versata Software Inc. to prove it gave Ford pretrial notice of its damages theory in a trade secrets case over software for managing vehicle components, pressing the company to explain how it would be fair to uphold $105 million in damages Ford calls "duplicative."
Source: law360.com
2022 Trends in Trade Secret Misappropriation Cases
2022 juries awarded verdicts to plaintiffs suggesting growing trend in damages theories, illustrate importance of expert testimony in trade secret misappropriation cases, highlight considerations on scope of definitions of trade secrets alleged at outset of case.
Source: natlawreview.com
Lessons Learned From 2022's Trade Secret Verdicts
Before closing the book on 2022, we look back at the most significant verdicts issued in trade secret trials this past year. In 2022, several juries…
Source: lexology.com