BUSINESS WIRE

On Nov. 6, following an Oct. 30 jurisdictional ruling by the federal court, INVISTA amended that New York federal lawsuit to focus on DuPont's misappropriation of intellectual property, unfair competition, and breach of contracts, and then filed this lawsuit in Delaware against Rhodia. The two suits seek damages and declaratory and injunctive relief to halt Rhodia's and DuPont's misconduct.

"These claims are needed to stop Rhodia and DuPont from unlawfully using INVISTA's intellectual property to build an ADN manufacturing plant in Asia or elsewhere," said Mary Beth Jarvis, INVISTA spokesperson.

The INVISTA trade secrets at issue relate to its proprietary process for producing ADN, a critical intermediate chemical used in the manufacture of nylon 6,6. INVISTA bought the original technology several years ago from DuPont as part of a $4.2 billion transaction and has built upon that technology to earn a world-leading position in the manufacture of ADN, Jarvis said.

To continue reading this interesting story posted in marketwatch click here.