Court Admits Unjust Enrichment Damages Based on Profit Projections

BVLaw
Court Case Digests
February 28, 2019
3536 Overhead Traveling Cranes, Hoists, and Monorail Systems
333923 Overhead Traveling Crane, Hoist, and Monorail System Manufacturing
intellectual property
trade secret, daubert, expert testimony, rule 702, reliability, projections, speculative, relevance

Grove US LLC v. Sany America Inc.
2019 U.S. Dist. LEXIS 32125
US
Federal Court
Wisconsin
United States District Court
Brian Napper (plaintiff); Daniel McGavock (defendant)
Griesbach

Summary

In Daubert case centering on misappropriation of trade secrets, court says plaintiff expert’s valuation of trade secrets based on defense projections of sales and profits derived from offending product is admissible; defendant failed to show this approach to determine asset’s value is improper.

See Also

Grove US LLC v. Sany America Inc.

In Daubert case centering on misappropriation of trade secrets, court says plaintiff expert’s valuation of trade secrets based on defense projections of sales and profits derived from offending product is admissible; defendant failed to show this approach to determine asset’s value is improper.

This article also appears in:
Business Valuation UpdateVol. 25 No. 8