Jasco V. Dana — Back To Bankruptcy

Law360, New York (August 21, 2009, 11:22 AM EDT) -- In a 56-page opinion, the U.S. Court of Appeals for the Second Circuit sent a long-pending trade secrets case, Jasco Tools Inc. v. Dana Corporation, Appeal No. 08-2762-bk, back to the lower court for further proceedings because of the bankruptcy court's "flawed application of well-established summary judgment principles." (Slip Op. at 32.)

In the case, Jasco alleged that Dana had conspired, among other things, with former Jasco employees to steal and use Jasco trade secrets. While the case was pending, Dana filed for bankruptcy. Jasco subsequently...
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