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Iostar lawsuit is shot down

By Tom Harvey
The Salt Lake Tribune

A Utah enterprise that is seeking to develop nuclear-powered space tugs for use in Earth's orbit has lost a lawsuit against three former associates accused of misusing company secrets.

The lawsuits and counterclaims revolve around an ambitious plan by the North Salt Lake company to develop nuclear-powered tugs to haul satellites or power them in space.

In 2007, Iostar sued former company board member and president James Stuart, potential investor George French and former client Richard Busch. The lawsuit alleged that after French terminated his agreement to invest, the three conspired to plan a competing company using Iostar's trade secrets.

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