DuPont Wins Kolon Property In $920M Recovery Effort

Law360, New York (April 3, 2013, 8:16 PM EDT) -- A New Jersey federal judge has ordered the U.S. subsidiary of South Korea-based Kolon Industries Inc. to hand over property to DuPont Co. as the chemical giant continues efforts to recover $920 million in damages won in a trade secrets suit against Kolon last year.

U.S. District Judge Esther Salas ruled March 22 that DuPont had fulfilled all of its legal requirements under New Jersey law in demanding the property from Kolon Industries USA, which owes its parent company $3.5 million. The opinion was unsealed Wednesday....
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