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Daily Archives: February 13, 2012

Trade Secret Damage Award Reduced (access required)

Following a jury verdict awarding plaintiff  $919.9 million in compensatory damages for defendant’s willful and malicious misappropriation of 149 trade secrets, the Richmond U.S. District Court awards plaintiff $350,000 in punitive damages:  Virginia’s Uniform Trade Secrets Act caps punitive damages ...

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Managing Agents Can Be Deposed in Virginia (access required)

In an action for misappropriation of trade secrets, the Richmond U.S. District Court denies defendant foreign corporation’s motion for a protective order to prevent deposing three employees in Richmond, Virginia: Defendant’s counterclaim qualifies as a claim under Local Rule 30(a) ...

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