Federal Judge Upholds Verbal Settlement in Email Marketing Trade Secrets Case: A Remarkable Legal Precedent

0
188

Both parties sought attorney fees related to the motion to enforce, but Judge Rodriguez ruled against awarding them, citing insufficient evidence to show that either side acted in bad faith.

This case serves as a remarkable legal precedent that underscores the enforceability of verbal agreements in trade secrets disputes. It is a reminder to all involved in such matters to exercise caution when entering into negotiations, as the outcome may ultimately hinge on the credibility of those involved and the jurisdiction’s governing laws.

Email on Acid LLC is represented by Brett M. Schuman of Goodwin Procter LLP and Zachary C. Garthe of Copernicus Law. 250ok Inc. and its parent company Validity Inc. are represented by Matthew T. McLaughlin of Nixon Peabody LLP, and Emily L. Wasserman and Kenzo S. Kawanabe of Davis Graham & Stubbs LLP. The case is Email on Acid LLC v. 250ok Inc., case number 1:19-CV-03496, in the U.S. District Court for the District of Colorado.

Signup for the USA Herald exclusive Newsletter

By Samuel Lopez, Legal News Contributor for USA Herald