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· 3/16/1977

Basic Chemicals, Inc. v. Benson

Citations

  • 251 N.W.2d 220
  • 195 U.S.P.Q. (BNA) 197

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that proper measure of plaintiffs damages due to misappropriation of trade secrets, as well as from other acts of unfair competition, included reference to the value of the plaintiffs business
  • stating that a plaintiff must show a likelihood of confusion to sustain a common law unfair competition claim
  • applying common law and finding that formula books, “buy books,” “cost books,” and customer books constituted trade secrets
  • declining to “interfere with the amount” of a damages award calculated by the district court where “there was proof of a reasonable basis from which the amount of damages can be inferred or approximated”
  • setting forth the common law elements in a trade secrets claim: (1) existence of a trade secret, (2) acquisition of the secret as a result of a confidential relationship, and (3) unauthorized use of the secret
  • “The principal element of conspiracy is an agreement or understanding between two or more persons to effect a wrong against or injury upon another.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Reynoldson, Mason, Legrand, Harris, McCormick

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.