Johnston v. Vincent

BVLaw
Full Text of Court Cases
February 15, 2023
2869 Industrial Organic Chemicals, NEC
325110 Petrochemical Manufacturing
economic damages & lost profits
damages, lost profits, trade secret, ownership interest, inventory, customer lists, unjust enrichment

Johnston v. Vincent
2023 La. LEXIS 336; 2021-01196 (La. 02/15/23)
US
State Court
Louisiana
Supreme Court
Brian Wilson, Jason MacMorran, Dr. Joseph Mason
Crichton, Weimer, Crain, Hughes

Summary

The plaintiffs and defendants in this case, upon appeal to the Supreme Court of Louisiana, appealed certain rulings of the Louisiana Court of Appeals. The defendants asserted that the Court of Appeals failed to apply the manifest error standard correctly in reversing the district court’s findings of what constituted trade secrets and their misappropriation. The Supreme Court reversed the Court of Appeals on this issue. The Supreme Court also reversed the Court of Appeals as to the increase in the amount of lost profits damages. The Supreme Court also affirmed the Court of Appeals in its determination that actual damages must be trebled and that unjust enrichment damages must be awarded in some amount but were not to be trebled.
Johnston v. Vincent
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See Also

Louisiana Supreme Court Reverses Appellate Court as to Misapplication of the Correct Manifest Error Standard, Other Damages-Related Issues

The plaintiffs and defendants in this case, upon appeal to the Supreme Court of Louisiana, appealed certain rulings of the Louisiana Court of Appeals. The defendants asserted that the Court of Appeals failed to apply the manifest error standard correctly in reversing the district court’s findings of what constituted trade secrets and their misappropriation. The Supreme Court reversed the Court of Appeals on this issue. The Supreme Court also reversed the Court of Appeals as to the increase in the amount of lost profits damages. The Supreme Court also affirmed the Court of Appeals in its determination that actual damages must be trebled and that unjust enrichment damages must be awarded in some amount but were not to be trebled.