Appeals Court rules against VT Halter in Navy-trade secrets lawsuit
Published: May 16,2012
PASCAGOULA — Federal prosecutors say the 5th U.S. Circuit Court of Appeals in New Orleans has vacated a $1.4 million judgment against the Navy for allegedly disclosing trade secrets on the design of a military craft to a rival.
U.S. Attorney Jim Letten says the appellate court has ruled against United States Marine Inc. and Pascagoula-based VT Halter Marine Inc., Gulf Coast shipbuilders that charged the Navy disclosed designs for a high-speed military vessel to a competitor.
The Justice Department argued the federal Court of Federal Claims should take the case, not a federal district court. The matter nonetheless went to trial in district court and the plaintiffs were awarded $1.4 million.
But the 5th Circuit now says the case needs to be heard by the Court of Federal Claims in Washington and vacated the award.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Deal for Jackson-Orlando flights in works with Allegiant
- Baseball stadium for Farish Street? It’s possible
- State GOP chairman calls on McDaniel to hurry with challenge
- Explosion at Coast fish plant leaves one dead, three injured
- McCarthy hired as CFO of Mississippi Development Authority
- Former Gov. Musgrove pushing lawsuit to school districts
- Guns OK inside Mississippi polling places, attorney general says
- Former state lawmaker Green dies at home at age 62
- White House hotel making comeback in Biloxi
- 'Get on Up' movie premiers in Madison with Chadwick Boseman and Tate Taylor walking the red carpet