New Suit - Trade Secrets

Mayer Brown and Chicago IP firm Arch & Lake sued IBM for misappropriation of trade secrets Friday on behalf of Beijing Neu Cloud Oriental System Technology. The lawsuit, brought in New York Southern District Court, accuses IBM of inducing the plaintiff to share confidential customer records as part of a joint venture and then using the information to launch competing sales channel in China. Counsel have not yet appeared for IBM. The case is 1:21-cv-07589, Beijing Neu Cloud Oriental System Technology Co., Ltd. v. International Business Machines Corporation et al.

Technology

September 10, 2021, 5:55 PM

Nature of Claim: 880/