JDA Software, Dillard's Settle Trade Secrets Feud For $57M

Law360, New York (November 30, 2011, 8:51 PM EST) -- JDA Software Group Inc. will pay $57 million to fashion and home furnishing retailer Dillard's Inc. to settle a suit in a Texas appeals court alleging breach of contract and misappropriation of trade secrets, the companies announced Wednesday.

The settlement ends all claims against i2 Technologies Inc. — which JDA acquired in 2010 — currently pending in the appeals court, after a trial court entered a $237 million judgment in favor of Dillard's in June 2010.

JDA plans to use a $25 million bond posted in...
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