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Administrative: Trademark-Trade Secrets-Infringement
Staff Report//April 15, 2019//
Plaintiff purchased IP assets from various companies engaged in manufacturing asphalt plants. Defendant began manufacturing replacement parts previously designed by the companies acquired by plaintiff. Plaintiff alleged that defendant, through employees previously employed by plaintiff’s acquired subsidiaries, misappropriated plaintiff’s trade secrets.
Where statute of limitations had expired on plaintiff’s misappropriation and conversion claims and where equitable claims could not be pursued where plaintiff had an adequate remedy at law, the district court correctly granted defendant summary judgment.
Judgment is affirmed.
CMI Roadbuilding, Inc. v. Iowa Parts Inc. (MLW No. 73031/Case No. 18-1075 – 9 pages) (U.S. Court of Appeals, 8th Circuit, Beam, J.) Appealed from U.S. District Court, Northern District of Iowa, Reade, J. (John Michael Weston for appellant; Brenda K Wallrichs, Cary E. Hiltgen, and James Randolph Baker on brief) (Timothy J. Zarley for appellee; Joshua James Conley on brief)
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