Avoiding Trade Secret Litigation In The Life Sciences
August 6, 2012, 1:15 PM EDT
Law360, New York (August 6, 2012, 1:15 PM EDT) -- Last September, a federal jury in Virginia awarded $919.9 million in damages to the DuPont Company for misappropriation of its trade secrets related to high-strength synthetic fibers used in Kevlar by South Korean company, Kolon. The jury found that Kolon intentionally had recruited and hired DuPont employees solely for purposes of obtaining information from them about Kevlar to use in the development of Kolon’s competing product, Heracron.
That was the second largest trade secret award of 2011. In April 2011, a jury in Minnesota awarded St....