Showing posts with label DuPont. Show all posts
Showing posts with label DuPont. Show all posts

Sunday, April 8, 2012

Judge rules for DuPont on Kevlar antitrust claims

DOVER, Del. (AP) -- A federal judge in Virginia has ruled in favor of DuPont Co. in a dispute with a South Korean company that lost a trade secrets lawsuit last year.

The judge late Thursday granted summary judgment to DuPont on antitrust claims by Kolon Industries alleging that DuPont tried to monopolize the market for high-strength synthetic fibers used in products such as Kevlar body armor.

Earlier this year, the judge refused to overturn a jury's decision in the underlying trade secret lawsuit.

The jury ruled that Kolon had maliciously and willfully misappropriated DuPont's Kevlar technology and awarded DuPont a $919 million damage award.

DuPont says it will begin proceedings shortly to enforce that judgment, and that it has filed a motion requiring Kolon to stop making products using the stolen technology.


View the original article here