Either Lost Profits or Actual Profits, But Not Both, May Be Awarded as Damages for Misappropriation of a Trade Secret

Business Valuation Update BVLaw
Legal and Court Case Update
May 27, 1999
5099 Durable Goods, NEC
423990 Other Miscellaneous Durable Goods Merchant Wholesalers
intellectual property
trade secret, economic damages & lost profits

Saforo & Associates, et al. v. Porocel Corporation
No. 98-1193 (Ark. 1999)
US
State Court
Arkansas
Supreme Court
Arnold

Summary

The Arkansas Court of Appeals ruled, on an issue of first impression, that the appropriate measure of damages for misappropriation of a trade secret is either the infringer's actual profits or the plaintiff's lost profits, whichever is greater. It specif ...

See Also

Saforo & Associates, et al. v. Porocel Corporation

The Arkansas Court of Appeals ruled, on an issue of first impression, that the appropriate measure of damages for misappropriation of a trade secret is either the infringer's actual profits or the plaintiff's lost profits, whichever is greater.