Client Alerts & Insights

Corporate Counsel Agenda Ohio: 2014 Survey of Ohio General Counsel

April 1, 2014

Latest News

Client Alerts & Insights 5.1.26

$2B Trade Secrets Verdict Overturned by the Virginia Supreme Court

Recently, the Virginia Supreme Court vacated a $2B jury award and ordered a new trial in a state trade secrets action. The justices held that the circuit court judge made four significant errors leading to Virginia’s largest jury award. Significantly, according to the justices, the circuit court judge put an improper burden of proof on defendants to show that its sales were unrelated to the misappropriation to avoid plaintiff being awarded defendant’s full sales revenue as opposed to the plaintiff having the burden to show defendant’s actions proximately caused plaintiff’s damages.