Initial-phase findings by arbitration panel do not permit continued theft of INVISTA technology and trade secrets by Rhodia
In response to a media statement Rhodia distributed earlier today, INVISTA clarifies the ruling of the International Chamber of Commerce arbitral tribunal.
“The partial and preliminary ruling of the French arbitral tribunal is confidential, but certainly does not give Rhodia the freedom to use the INVISTA technology that Rhodia needs to build a new ADN plant,” says Mary Beth Jarvis, INVISTA spokesperson.
“Further, the jurisdictional decisions of the tribunal support INVISTA’s ongoing lawsuits in the United States against Rhodia and its partners for misappropriation of trade secrets, unfair competition, and other unlawful conduct.”
Editor’s Note: On Nov. 12, 2008, INVISTA initiated a lawsuit against Rhodia for misappropriating INVISTA’s world-leading adiponitrile (ADN) technology and unlawfully using INVISTA’s trade secrets to expand in the nylon chemicals business. In the arbitration in France, which is confidential and not yet concluded, INVISTA is contesting jurisdiction over the non-signatories to the joint venture agreement under which Rhodia brought the arbitration.