Jury says Goodyear owes $64 million in tire trade secrets case

A sign stands at a Goodyear tire facility in Somerville, Massachusetts, US, July 25, 2017. Reuters/Brian Snyder

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  • Jury says Goodyear stole check company’s inflation technology
  • Companies discuss collaboration on Chevy Volt in 2009

(Reuters) – Czech company Koda Development SRO on Monday won a $64 million judgment against Goodyear Tire & Rubber Co., convincing an Akron, Ohio jury that Goodyear stole trade secrets related to Coda’s self-floating tires.

The jury said Goodyear misappropriated five of the 12 alleged trade secrets Coda accused of abuse, $2.8 million in compensatory damages to Coda and $61.2 million in punitive damages for Goodyear’s “deliberate and malicious” behavior. Awarded.

Akron-based Goodyear said in a statement that it was disappointed with the decision and would consider all of its options. The company also stated that the compensatory damages award was “far less than the amount CODA sought,” and that the punitive damages award would be limited to $8.4 million under Ohio law.

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Koda’s lawyers declined to comment on Tuesday.

Coda first sued Goodyear in 2015, and in its most recent complaint in 2019, Goodyear alleged that Goodyear had inflated tires with an inner tube after discussing a possible collaboration for GM’s Chevy Volt in 2009. Coda CEO Frantisek Hrbl’s technology.

The lawsuit states that Goodyear has developed an “extensive portfolio” of self-floating tire patents, many of which are based on Harble’s work.

The case is Koda Development SRO v. Goodyear Tire & Rubber Company, US District Court for the Northern District of Ohio, No. 5:15-CV-01572.

For Coda: Leah Quadrino and Boyd Klorn of Steptoe and Johnson

For Goodyear: David Maiorana, John Evans, Calvin Griffith, Gregory Castanias and Jones Day’s Tracy Stitt

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blake britain

Thomson Reuters

Blake Britain reports on intellectual property law, including patents, trademarks, copyrights and trade secrets. Reach him at [email protected]

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