9 results for 'cat:"Arbitration" AND cat:"Trade"'.
J. Flanagan grants several emergency medical providers’ motion to remand this action to a county court after they sued Blue Cross Blue Shield (BCBS) for failure to cover costs. The providers billed for an average of $2,656 per patient visit, but BCBS only paid out an average of $39, which is a little over 1% of the cost. Because the providers sue for unjust enrichment and violations of state deceptive trade laws, no federal question arises and the case will be remanded.
Court: USDC Eastern District of North Carolina, Judge: Flanagan, Filed On: March 29, 2024, Case #: 7:23cv1601, NOS: Arbitration - Other Suits, Categories: arbitration, Insurance, trade
J. Rubin finds the lower court improperly enforced an arbitration award. This dispute concerns two wireless communications companies over breach of contract, trade secret misappropriation and deceptive trade practices. The court did not have an independent basis of subject matter jurisdiction to confirm the arbitration award. Reversed.
Court: 4th Circuit, Judge: Rubin, Filed On: February 14, 2024, Case #: 22-1253, Categories: arbitration, trade Secrets, Contract
J. Burns denies a motion for rehearing filed by a company accused of infringement in a trade secrets case. The trial court properly held the company cannot compel arbitration against the semiconductor manufacturer whose trade secrets were allegedly misappropriated by its former employee, as it is not party to the employee's contract with his previous employer.
Court: California Courts Of Appeal, Judge: Burns , Filed On: November 20, 2023, Case #: A165378, Categories: arbitration, trade Secrets
J. Burns finds that the trial court must stay trade secret litigation against a company that allegedly received confidential information from an employee it poached from a competitor. The stay should remain in force for the duration of arbitration proceedings between the employee and his previous employer, the competitor. However, the trial court was right that the company cannot require the arbitration of the previous employer's trade secret claims against the company because the company was not a party to an arbitration agreement. Reversed in part.
Court: California Courts Of Appeal, Judge: Burns, Filed On: November 1, 2023, Case #: A165378, Categories: arbitration, Employment, trade Secrets
J. Chang grants an electronic trading platform’s motion to dismiss a stock trader’s tort claims, and also grants its countermotion for the confirmation of an arbitration award against the trader. The trader claims the trading platform liquidated his trading positions worth over $202,000 without authorization, but an arbitration proceeding between the parties, carried out by the Financial Industry Regulatory Authority, decided in favor of the platform. The court backs up that finding and confirms the platform’s arbitration award.
Court: USDC Northern District of Illinois, Judge: Chang, Filed On: September 29, 2023, Case #: 1:21cv6434, NOS: Insurance - Contract, Categories: arbitration, trade, Tort
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J. Chuang denies an IT firm and two of its employees’ motion to dismiss and compel arbitration on breach of contract, solicitation and trade secrets claims brought by a similar firm. One of the employees was ex-husband to the majority owner of the second firm and cousin to the majority owner of the first, and failed to return equipment or access to company emails when the first firm poached him. The first firm argues that according to an NOAA contract which hired both firms, arbitration must be implemented. However, the claims the second firm makes are not subject to the NOAA agreement nor its enforcement of arbitration.
Court: USDC Maryland, Judge: Chuang, Filed On: June 9, 2023, Case #: 8:22cv1587, NOS: Other Contract - Contract, Categories: arbitration, trade Secrets, Contract