Two Experts Testify to Only One Basis for Trade Secrets Damages

Business Valuation UpdateVol. 18 No. 3
Legal and Court Case Update
March 2012

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3812 Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems and Instruments
334511 Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
intellectual property
Collelo v. Geographic Services, Inc.
2012 Va. LEXIS 12
January 13, 2012
US
State Court
Virginia
Supreme Court
Michele Riley and Kace Clawson (plaintiff)
Lemons

Summary

Va. Supreme Court reverses and remands trade secrets case for new trial on damages under the state’s Trade Practices Act, but finds evidence from two experts on statutory damages insufficient to support plaintiff’s breach of contract and tort claims.

See Also

Collelo v. Geographic Services, Inc.

Full Text of Court Cases
January 13, 2012

Va. Supreme Court reverses and remands trade secrets case for new trial on damages under the state’s Trade Practices Act, but finds evidence from two experts on statutory damages insufficient to support plaintiff’s breach of contract and tort claims.

This article also appears in:
Business Valuation UpdateVol. 18 No. 3
The Comprehensive Guide to Economic Damages, Seventh Edition