Czech technology company Coda Development has won a legal case in Akron, Ohio against Goodyear Tire & Rubber Co, winning USD 64 million in damages after a court found that Goodyear has stolen technology developed by Coda relating to self-inflating tyres.
Czech Company Wins Substantial Damages
The jury ruled that Goodyear had misappropriated five of the 12 alleged trade secrets Coda accused it of misusing, awarding Coda $2.8 million in compensatory damages and $61.2 million in punitive damages for what the court referred to as Goodyear’s “willful and malicious” behaviour...
Czech Company Wins Substantial Damages
The jury ruled that Goodyear had misappropriated five of the 12 alleged trade secrets Coda accused it of misusing, awarding Coda $2.8 million in compensatory damages and $61.2 million in punitive damages for what the court referred to as Goodyear’s “willful and malicious” behaviour...
