Jury says Goodyear owes $64 million in tire trade secret lawsuit

Jury says Goodyear owes $64 million in tire trade secret lawsuit
Jury says Goodyear owes $64 million in tire trade secret lawsuit

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

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Brief Law Firm Documents Jury says Goodyear stole Czech company’s inflation technology The companies discussed collaborating on the Chevy Volt in 2009.

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

The jury said Goodyear misappropriated five of the 12 alleged trade secrets Coda accused it of misappropriating, awarding Coda $2.8 million in compensatory damages and $61.2 million in punitive damages for Goodyear’s “willful and malicious” conduct.

Akron-based Goodyear said in a statement that it was disappointed by the ruling and would consider all its options. The agency also said the compensatory damages award is “well below the amount sought by Coda” and that the punitive damage award would be limited to $8.4 million under Ohio law.

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Coder’s attorneys declined to comment Tuesday.

Coda first sued Goodyear in 2015 and in its most recent 2019 complaint said Goodyear copied Coda CEO Frantisek Horbal’s technology for keeping tires inflated with an inner tube after discussing a potential collaboration for GM’s Chevy Volt in 2009.

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

The case is Coda Development SRO v. Goodyear Tire & Rubber Co, U.S. District Court for the Northern District of Ohio, No. 5:15-cv-01572.

For Coda: Leah Quadrino and Boyd Cloern of Steptoe & Johnson

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

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Black Britain

Thomson Reuters

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

The article is in Bengali

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