Please ensure Javascript is enabled for purposes of website accessibility

Tort/Negligence — Misappropriation of Trade Secrets – Sanctions Motion – Good Faith

Tort/Negligence — Misappropriation of Trade Secrets – Sanctions Motion – Good Faith

Velocity Solutions, Inc. v. BSG, LLC (Lawyers Weekly No. 15-15-0535, 18 pp.) (James Gale, C.J.) 2015 NCBC 51

Holding: Before bringing their (now voluntarily dismissed) claims, plaintiffs conducted more than 20 interviews, reviewed publicly available information about defendant BSG, LLC’s product, conducted other documentary review, including customer communications, and vetted claims through counsel. This investigation was reasonable, and, based on this investigation, plaintiffs had a good faith belief that their claims were well grounded in fact and were warranted by existing law or a good faith argument for the extension, modification, or reversal of existing law. Further, plaintiffs instituted and maintained the litigation in good faith for the purpose of pursuing relief that they perceived to be legitimate, and have not proceeded in bad faith or for an improper purpose.

The court denies defendants’ motions for attorney fees under G.S. § 66-154(d) and for sanctions under N.C. R. Civ. P. 11.

Top Legal News

See All Top Legal News

Commentary

See All Commentary