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Global Cold Chain Monitoring Market Report 2021-2027 - Rising Global Demand for Temperature-Sensitive Drugs to Propel the Cold Chain Monitoring Market

Global Cold Chain Monitoring Market Report 2021-2027 - Rising Global Demand for Temperature-Sensitive Drugs to Propel the Cold Chain Monitoring Market
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Startup Wants $46M Atty Fee After Patent Win Against Walmart

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Startup Wants $46M Atty Fee After Patent Win Against Walmart
Law360 (April 27, 2021, 11:36 PM EDT) Zest Labs Inc. asked an Arkansas federal court on Tuesday to make Walmart Inc. fork over $46 million in attorney fees and expenses based on a 40% award contingency fee from the startup s $115 million jury verdict against the retail giant over infringement of a food storage and technology patent.
The work by Zest s attorneys Williams Simons & Landis PLLC, Vinson & Elkins LLP and McDaniel Richardson & Calhoun PLLC brought an exceptional outcome to what was not a run-of-the-mill dispute, the startup said in the motion for attorney fees. ....

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Jury Awards Texas Company $115M in Lawsuit Against Walmart

Jury Awards Texas Company $115M in Lawsuit Against Walmart
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Ecoark Awarded $115 Million in Lawsuit Against Walmart

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Ecoark Awarded $115 Million in Lawsuit Against Walmart
Ecoark Holdings, Inc.April 12, 2021 GMT
Walmart found liable on three claims in lawsuit filed by Zest Labs Inc.
Jury unanimously awards Ecoark Holdings, Inc. $115 million in damages
SAN ANTONIO, April 12, 2021 (GLOBE NEWSWIRE) Ecoark Holdings, Inc. (“Ecoark” or the “Company”) (OTC: ZEST) announces that on Friday, April 9, 2021, a Little Rock, Arkansas jury awarded Ecoark and its wholly owned subsidiary, Zest Labs Inc. (“Zest”) a total of $115 million in damages in a lawsuit against Bentonville-based Walmart Inc. (“Walmart”) (NYSE: WMT), the world’s largest company as measured by annual revenue1. ....

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Ecoark Shares Drop 35% After Jury Rules Against Walmart

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Dow Jones
By Chris Wack
Ecoark Holdings Inc. shares were down 35% to $8.29 after the company said that on Friday, a Little Rock, Ark., jury awarded Ecoark and its wholly owned subsidiary Zest Labs Inc. a total of $115 million in damages in a lawsuit against Walmart Inc.
The company said Walmart was found liable on three claims from a lawsuit filed in August 2018.
The federal jury found that Walmart misappropriated Zest s trade secrets, failed to comply with a written contract, and acted willfully and maliciously in misappropriating Zest s trade secrets.
In addition to the $65 million in compensatory damages, the award includes $50 million in punitive damages for Walmart s willful and malicious conduct. ....

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