Damages In Avaya Trade Secret Dispute Valued At $1.21M
(May 16, 2018, 8:41 AM EDT) -- NEW YORK — A federal bankruptcy judge in New York on April 23 estimated damages in a misappropriation of trade secrets claim in a bankruptcy lawsuit to be $1.21 million, down significantly from the nearly $380 million a creditor had sought (In re Avaya, et al., No. 17-10089. S.D. N.Y. Bkcy., 2018 U.S. Bankr. LEXIS 1209).
(Opinion available. Document #06-180529-030Z.)
Avaya Inc. entered into a business relationship with SAE power Inc. and SAE Power Co. (collectively, SAE) in which SAE would supply Avaya with its power...