7th Circ. Axes Software Co.’s Trade Secret Row Arbitration Bid

Date:


By Adam Lidgett (June 6, 2022, 8:36 PM EDT) — The Seventh Circuit has refused to compel arbitration in CCC Intelligent Solutions’ trademark and trade secrets suit against a business that uses artificial intelligence technology to sell car insurance.

A three-judge panel on Monday threw out Tractable Inc.’s bid for arbitration in the dispute.

Tractable claimed representatives for both parties “signed a contract containing a broad arbitration agreement,” but CCC argued the deal was actually signed between CCC and “a front that Tractable used to create the impression that it was an ordinary customer … [in order] to gain access to, and then steal, CCC’s proprietary valuation methods.”

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

The appellate court sided with…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS



Source link

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

AZ Big Media Here’s how self-driving cars put Arizona traffic laws to the test

An influx of Waymo self-driving cars hit Phoenix roads late last month with its Waymo One Trusted...

5 Things to Know: A Look at the Proposed Medicaid Eligibility & Enrollment Rule

On August 31, the Centers for Medicare and Medicaid released a proposed rule designed to make it...

Rep. Norcross’s Legislation To Ensure Health Plans Adequately Cover Mental Health Passes House – InsuranceNewsNet

WASHINGTON, Sept. 30 -- Rep. Donald W. Norcross, D-New Jersey, issued the following news release: U.S. Congressman Donald...

Insurance rates are set to skyrocket in Florida after Hurricane Ian – InsuranceNewsNet

Hurricane Ian is expected to undermine the already precarious market for property insurance in Florida, supercharging premiums...