Propel Fuels seeks top-up damages of $1.2bn in secrets case

California superior court has power to treble damages over “willful and malicious actions” | Victorious renewable fuels ‘pioneer’ asks for maximum statutory damages due to ‘David and Goliath’ scenario.

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Trade secrets

Jury hands Propel Fuels $605m in secrets case

18 October 2024 Verdict finds opponent’s misconduct “willful and malicious” | California court has power to treble damages | Dispute emerged when mooted acquisition deal failed to materialise, and defendant promptly entered low-carbon fuels market.

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Propel Fuels seeks top-up damages of $1.2bn in secrets case

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