Cases & Deals

Alternative investment manager pursues theft of confidential information action

Client(s) Alternative investment manager

Jones Day acted for a substantial alternative investment manager in relation to the misappropriation of substantial and extremely valuable confidential information by two separate employees. The team advised the company on evidence gathering (including by way of detailed forensic IT work) and successfully issued applications for both search and seizure orders and delivery up orders. Further successful applications for contempt of court (leading to one defendant receiving a suspended sentence of three months' imprisonment) and default judgment led to the Court making final the interim injunctive relief which prevented the retention and use of the company's proprietary materials.

HC09C04045 Reported committal judgment - [2010] EWHC 744 (Ch)