The amount of compensation for infringement in my country has reached a new high! Geely successfully sued WM Motor for infringement and was awarded RMB 640 million in compensation

WBOY
Release: 2024-06-15 20:12:20
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According to news on June 15, 2016, the intellectual property infringement case between Geely Holding Group and WM Motor finally reached the final verdict after six years of legal proceedings. This case originated in 2016, when 40 core members of Chengdu Gaoyuan Automobile Industry Co., Ltd., a subsidiary of Geely, resigned collectively, and most of them subsequently joined WM Motor and its affiliated companies.

The amount of compensation for infringement in my country has reached a new high! Geely successfully sued WM Motor for infringement and was awarded RMB 640 million in compensation

In 2018, Geely Holding Group discovered that some resigned employees were using WM Motor’s utility model patents. Therefore, Geely Holding Group filed a lawsuit with the court of first instance, accusing WM Motor of infringing its technical secrets, and required WM Motor to stop the infringement and compensate for economic losses and reasonable rights protection expenses totaling 2.1 billion yuan. After a lengthy legal process, the case finally reached a final verdict at the Intellectual Property Court of the Supreme People's Court.

The amount of compensation for infringement in my country has reached a new high! Geely successfully sued WM Motor for infringement and was awarded RMB 640 million in compensation

While the Supreme People's Court was hearing the case, it confirmed that this was an organized and planned violation of illegal means to poach new energy vehicle technical talents and resources. Technical secret case. The court finally ruled that WM Motor should compensate Geely Holding Group for economic losses and reasonable rights protection expenses totaling 640 million yuan. This amount of compensation not only sets a record high in compensation for intellectual property infringement lawsuits in my country, but also demonstrates my country's firm determination to protect intellectual property rights.

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source:itbear.com
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