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CA Federal Court Awards Biomedical Companies $62M Following Jury Trial Involving Confidentiality-Related Claims - Trade Secrets

On November 1, 2023, a jury in the U.S. District Court for the Central District of California awarded damages to Skye Orthobiologics, LLC and Human Regenerative Technologies, LLC for breach of contract, breach of fiduciary duty. ....

United States , Skye Orthobiologics , Business Development , Us District Court , Human Regenerative Technologies , Central District , While Plaintiffs Skye , Vice President , Defending Trade Secrets Act ,

Open Question: Use of Stolen Trade Secrets May or May Not Qualify as a Predicate Act Under RICO | Mintz - Intellectual Property Viewpoints

Since the passage of the Defend Trade Secrets Act (DTSA), trade secret owners have been able to use allegations of trade secret misappropriation under the DTSA to support civil claims. ....

New York , United States , Magnesita Refractories Co , Tianjin New Century Refractories Co , Skye Orthobiologics , Maryland District Court , Myvue Media , Us District Court , Espot Inc , Defend Trade Secrets Act , Racketeer Influence , Corrupt Organizations Act , Central District , Vue Media , Myvue Defendants , New York City , Freyssinet United States ,

Trade Secret Owners May Potentially State Civil Claims Under RICO

DTSA violations that qualify as predicate acts can be used to show a pattern of racketeering activity, which may allow a trade secret owner to state civil claims under RICO, and thus take advantage of the substantial remedies that the RICO statute provides. ....

New York , United States , Magnesita Refractories Co , Tianjin New Century Refractories Co , Skye Orthobiologics , Maryland District Court , Myvue Media , Us District Court , Espot Inc , Defend Trade Secrets Act , Racketeer Influence , Corrupt Organizations Act , Central District , Vue Media , Myvue Defendants , New York City , Freyssinet United States , Defend Trade Secrets Act , Acketeer Influence And Corrupt Organizations ,