Ala. Judge Upholds $192M Trade Secrets Verdict

Law360 (January 21, 2009, 12:00 AM EST) -- An Alabama judge has upheld a $192 million jury verdict against global chemical giant Ineos Phenol in a trade secrets suit over rights to a method of transforming hazardous waste into useful manufacturing ingredients.

Mobile County Circuit Judge Robert H. Smith on Friday upheld an October ruling requiring Ineos Phenol and Ineos Americas LLC to pay past and future economic benefits resulting from use of the invention, according to the law firm Cunningham Bounds LLC, which represented the plaintiff.

Dr. Sven Peter Mannsfeld, retired president of Degussa Corp., laid claim to the invention and filed suit against the companies in June...

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