On September 2, 2020, the Fifth Circuit declined to void a fee award of nearly $2.3 million in favor of an employer that had prevailed on its trade secret theft claim against its former employee, because the employee willfully failed to comply with the bankruptcy court’s “extremely explicit” order regarding his objections to the award.
Background
USA, Designs and trade secrets, Employment & Labor, Insolvency & Restructuring, Litigation, Sheppard Mullin Richter & Hampton LLP, Bankruptcy, Stryker Corporation, Fifth Circuit
In In re Washington Mutual, Inc., No. 08-12229 (MFW), 2011 WL 4090757 (Bankr. D. Del. Sept.
USA, Delaware, Capital Markets, Insolvency & Restructuring, Litigation, White Collar Crime, Sheppard Mullin Richter & Hampton LLP, Confidentiality, Bankruptcy, Debtor, Hedge funds, Insider trading, Misappropriation, Promulgation, Federal Deposit Insurance Corporation (USA), JPMorgan Chase, Securities Exchange Act 1934 (USA), United States bankruptcy court, US District Court for District of Delaware