St. Paul Must Cover Camera Co.'s IP Row, Calif. Court Says

Law360, New York (July 22, 2013, 2:46 PM EDT) -- A California appeals court ruled Friday that St. Paul Fire & Marine Insurance Co. must cover a 3-D camera company in trade secrets litigation against defense contractor General Atomics, overturning a ruling that found the insurer had no coverage duty.

In the underlying litigation, plaintiffs TetraVue Inc. and its founder and CEO Paul Banks, who was employed by General Atomics from 2000 until 2008, said that Banks helped General Atomics develop laser technology now used by the U.S. government but disagreed with General Atomics about its...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.