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Paul Hastings IP Litigation Victory Highlighted Among Daily Journal’s 2021 “Top Verdicts”

February 09, 2022

Palo Alto – Paul Hastings, a premier global law firm, has been recognized in the Daily Journal’s 2021 “Top Verdicts” for the firm’s trade secrets victory for fintech bank Aeldra Financial in a case filed in the Northern District of California. This special supplement showcases the largest and most significant verdicts and appellate reversals in California in 2021.

In the accompanying profile piece, the Daily Journal noted that “there is a fine balance between a trade secret and what is patented and in the public domain,” as partners Yar Chaikovsky and Bo Pearl had to go up against a large national bank in the case.

This matter was a true bet-the-company case for the client, as a result of the victory in this case, the company is now able to continue scaling up quickly as the first global private retail bank to attract Indian nationals and the Indian diaspora to banking in the regulated US financial system.

On top of securing a dissolution of the permanent injunction and remanding this case to arbitration, the team was later successful in securing a $467,000 attorney’s fee award.

In addition to Chaikovsky and Pearl, the Paul Hastings cross-office, cross-practice team included associates Andy LeGolvanBoris Lubarsky, and David Fox.

Paul Hastings’ Intellectual Property practice advises clients on important, complex IP matters, providing innovative solutions for clients’ challenges with a track record of success in high-stakes, bet-the-company patent and trade secret litigation and other IP disputes in trial and appeals courts, at the PTAB and the ITC, and in arbitral tribunals.

The practice is ranked by Chambers and Partners, IAM, The Legal 500, Managing IP, and Benchmark Litigation in various areas, including patent, trade secrets, ITC litigation, and PTAB practice, as well as by BTI Consulting as a “Go-To Litigation Firm” and “Best for Complex IP Litigation” in its annual Intellectual Property Outlook report. Paul Hastings IP lawyers have been selected numerous times as Law360’s “Most Valuable Players” and as Trailblazers by The National Law JournalThe Recorder, and The New York Law Journal.

Dedicated to helping the world’s leading Wall Street and global investment banks, asset managers and corporations achieve their business and legal goals, Paul Hastings is a premier global finance law firm with elite teams in finance, mergers and acquisitions, private equity and litigation.

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