Aerospace giant Boeing Co has to defend itself for a second time from accusations that it stole trade secrets from a contractor that it allegedly bankrupted, a U.S. appeals court ruled Monday.
an Alabama federal court was wrong to find that Alabama Aircraft Industries Inc brought its claims too late, giving the company another chance to argue that Boeing misused its secrets to win a contract with the U.S. Air Force.Register now for FREE unlimited access to Reuters.comThe court also rejected Boeing's bid for a new trial to reverse a jury's $2 million verdict that it broke contracts with the aircraft-maintenance company.
AAI sued Boeing in 2011, arguing it misused confidential information about its pricing, costs and work flow to win the contract. AAI also said Boeing knew that its previous contract to work on the planes generated more than 80% of its revenue, and that it knew it could force AAI out of business by cutting it from the bid.
AAI asked the 11th Circuit to revive those claims, while Boeing requested a new trial. Circuit Judges Jill Pryor and Robert Luck ruled for AAI in a joint opinion on Monday.
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