Legal News

DuPont Wins 20-Year Ban on South Korean Company
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

It seems a bad time for South Korean companies in patent wars. First there was the news of Samsung being floored by Apple over designs and now comes news that DuPont has won a 20-year ban on Kolon, a South Korean company, from creating a competing version of Kevlar. DuPont is the inventor of Kevlar, a synthetic fiber used all across the world for building body armor and bulletproof vests.

On Friday, Kolon asked U.S. District Judge Robert Payne in Richmond, Virginia to block his permanent injunction pending Kolon’s appeal, but later on the day DuPont filed papers opposing that request. Kolon said the ban would cause an “uncompensated death” of an entire business and cause irreparable harm.

While issuing the 20-year ban on Kolon’s activity related to para-aramid fibers, judge Payne said that Kolon’s use of stolen trade secrets was “integral and essential” to continuing its production of Heracron, a rival to Kevlar and Twaron, made by Japan’s Teijin Ltd. The judge also said the meager $919.9 million judgment was inadequate as a remedy as Kolon would still be free to use the trade secrets stolen from DuPont, and DuPont might need to go to South Korea to enforce the judgment.

  
What
Where


Payne wrote, “That Kolon found it necessary as a matter of corporate policy to misappropriate DuPont’s trade secrets to augment the knowledge and efforts of its own research staff illustrates that, left to its own devices, Kolon simply would not have developed the trade secrets it misappropriated.” He also said the ‘irreparable harm’ alluded to by Kolon as “which it brought upon itself and which, by right, it should suffer.”

DuPont sued Kolon in 2009 accusing it of misusing proprietary information obtained from Michael Mitchell, a 24-year DuPont veteran who left DuPont and later began working with Kolon. Mitchell pleaded guilty in 2010 to theft of trade secrets and served most of an 18-month prison term, according to prison records.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Eminent Domain Attorney

USA-TX-Richmond

Richmond office of our client seeks eminent domain attorney with 5+ years of experience. The candida...

Apply Now

RELEVANT JOBS

Corporate Attorney

USA-NJ-Mount Laurel

Parker McCay is seeking a mid-level attorney to join the corporate transactional department, a dynam...

Apply now

Labor, Employment, and Education Attorney

USA-NJ-Mount Laurel

Parker McCay is seeking an experienced attorney to focus on all aspects of counseling and litigation...

Apply now

Litigation paralegal

USA-TX-Dallas

We are looking to immediately hire a responsible, highly organized, self-motivated litigation parale...

Apply now

Attorney

USA-TX-Dallas

Associate Attorney – 7 to 10 Years’ Experience - Dallas/Fort Worth   ...

Apply now

SEARCH IN ARCHIVE

To Top