Judge orders L’Oréal to pay $50m in Olaplex trade secrets case
Cosmetics company L’Oréal will need to pay nearly $50 million for infringing patents and misappropriating trade secrets that belong to rival Olaxplex, according to a Delaware judge.
District Judge Joseph Bataillon, of the US District Court for the District of Delaware, issued the calculations yesterday, August 20, one week after a jury found that L’Oréal should pay Olaplex more than $91 million for stealing its trade secrets, infringing two patents and breaching a contract.
The jury found L’Oréal liable for misappropriating trade secrets and infringing two patents that cover a system that protects hair during bleaching treatments.
Olaplex was awarded $22 million in damages for the agreement breach, $22 million for trade secret misappropriation, and nearly $47 million for patent infringement by the jury.
However, Bataillon concluded that Olaplex is only entitled to recover nearly $25 million for all of its causes of action, in addition to the same amount for wilfulness.
Attorneys’ fees, court costs and interests will be calculated at a later date.
Late last week, Bataillon also ordered L’Oréal to stop making and selling hair colour products that infringe Olaplex’s patents.
The cosmetics company is attempting to overturn the permanent injunction, which covers nine of its products.
On the same day, L’Oréal submitted a notice of appeal to the court, stating that it would be appealing against the injunction to the US Court for Appeals for the Federal Circuit.
Did you enjoy reading this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
Today's top stories:
EUIPO buries Reckitt Benckiser ‘botanical’ TM
Qualcomm agrees patent licensing deal with LG
Netflix employs Australian site-blocking laws for the first time
