Dyna-Drill successfully defends against $60 million damages claim for alleged trade secret misappropriation, tortious interference and breach of contract
Clients Dyna-Drill Technologies Inc.
Jones Day successfully defended Dyna-Drill Technologies, Inc. against a damages claim by Kennametal of nearly $60 million for alleged trade secret misappropriation, tortious interference, and breach of contract. After a 13 day trial, the jury found Dyna-Drill owed no damages and had independently developed its tungsten carbide coatings used on radial bearings for downhole mud motors for oil and gas drilling.
Dyna-Drill Technologies v. Kennametal