More Kolon Troubles

We’ve reported on it a bunch, but now there’s more trouble in the case involving theft of trade secrets from DuPont by South Korea’s Kolon Industries.


The US Attorney in Richmond has indicted the company and five officials, charging them with trade secrets theft. According to the Business Week report here the indictment includes a forfeiture claim seeking at least $225 million in alleged criminal proceeds from the company.

Civil trade secrets cases are bad enough. Criminal ones should be avoided at all costs.