Judge Guts $13.2M Inspired Technologies Verdict

Law360, New York (December 21, 2010, 2:16 PM EST) -- A federal judge has slashed nearly $10 million off a $13.2 million jury award for Inspired Technologies Inc. in its breach of contract and trademark suit against Intertape Polymer Corp., but said the jury was correct in finding Intertape was liable for breach of contract.

Judge Gregory A. Presnell of the U.S. District Court for the Middle District of Florida on Friday lowered the award to nearly $3.4 million, ruling that there was no discernible basis for the monetary component of the jury's September verdict in...
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