January 29, 2025
A California federal judge has ordered Singapore-headquartered XP Power to pay $17 million to Comet Technologies USA for the tech company's legal fees in the wake of Comet's $40 million trial win, saying the award will deter "malicious trade secret misappropriation" and "encourage trade secret defendants to make reasonable litigation decisions."
March 22, 2023
Swiss technology firm Comet Group urged a California federal judge at a hearing Wednesday to require XP Power LLC to pay $17 million for its legal fees after winning $40 million in its trade secret trial against the competitor, saying the Singapore company's "egregious" actions justify the award.
January 18, 2023
Power systems manufacturer XP Power LLC urged a California magistrate judge Wednesday to slash its $40 million trade secret trial loss to rival Comet Technologies or order a new trial, arguing that the jury's "numbers don't line up" with Comet's trial arguments and the damages award "doesn't make any sense."
October 31, 2022
Power systems manufacturer XP Power LLC is requesting a new trial or a reduced damages calculation in a trade secrets suit where a jury ordered the company to pay $40 million to rival Comet Technologies despite the plaintiff asking for far less.
October 03, 2022
A California federal judge has granted Comet Technologies' bid for a permanent injunction following a jury finding that its rival misappropriated trade secrets related to manufacturing equipment for semiconductor chips.
March 23, 2022
A California federal jury on Wednesday awarded Comet Technologies $40 million in damages after finding that rival XP Power misappropriated trade secrets on equipment used to manufacture semiconductor chips.
March 10, 2022
Internet giant Cox Communications is set to argue next week before a Virginia federal court that it shouldn't have to pay record labels $1 billion to cover online piracy losses because the labels allegedly lied about the evidence that supported the big-ticket verdict. Here's a look at that case — plus all the other major intellectual property matters on deck in the coming week.