Judge: Dismissal Of Trade Secret Claims Warranted Under Forum Selection Clause

Mealey's (September 27, 2018, 1:58 PM EDT) -- NEW YORK — The forum selection clause in a settlement agreement between parties in a patent ownership and trade secret misappropriation dispute is mandatory and, as a result, dismissal of a financial data processing systems developer’s declaratory judgment and state and federal trade secret misappropriation claims in a subsequent lawsuit is necessary, a federal judge in New York ruled Sept. 20 (NovaSparks SA v. EnyxFGPA, et al., No. 17-7745, S.D. N.Y., 2018 U.S. Dist. LEXIS 164382)....