Zunum

U.S. Appeals Court Resurrects $81 Million Trade Secrets Case Against Boeing, Favoring Electric Aircraft Innovator Zunum Aero

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A U.S. appeals court in San Francisco has reinstated an $81 million judgment against Boeing in a case alleging the company stole trade secrets from the electric aircraft startup Zunum Aero. The ruling from the 9th U.S. Circuit Court of Appeals overturned a previous decision by a California judge, who had dismissed a jury’s finding in favor of Zunum. The appeals court rejected the lower court’s conclusion that the proprietary information claimed to be misappropriated by Boeing did not qualify for trade secret protection. Zunum’s attorney, Vincent Levy, expressed satisfaction with the appeals court’s ruling, … Read more

Judge Reverses $72 Million Verdict, Boeing Exonerated in Legal Battle With Zunum

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Seattle — A judge has recently dismissed a highly publicized legal case brought against Boeing by Zunum Aero, a startup involved in the development of hybrid and electric aircraft. The lawsuit, which resulted in a $72 million jury award in favor of Zunum, was overturned, stripping the aviation startup of its initial courtroom victory. Zunum, which claimed that Boeing had engaged in anti-competitive practices and violated confidentiality agreements, suffered a significant legal blow with this ruling. Founded in 2013, Zunum aimed to innovate the regional travel market with greener technologies but faced financial difficulties by … Read more

Judge Reverses $72 Million Verdict in Favor of Zunum, Citing Errors in Boeing Lawsuit Outcome

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Seattle, WA — In a stunning reversal, a judge has nullified a $72 million jury award to Zunum, an electric aircraft startup, which had accused aerospace giant Boeing of misappropriating trade secrets and breaching partnership agreements. The decision overthrows the initial verdict given earlier, which had ruled in favor of the smaller company. Zunum, which had gained considerable attention for its ambitious plans to revolutionize air travel with hybrid-electric planes, claimed that Boeing’s actions severely hindered its operations and contributed to its financial struggles. The startup, based in Washington, pointed to what it described as … Read more