A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co. to pay Versata Software Inc. $104.6 million for breaching a 2004 licensing contract and misappropriating trade secrets.
U.S. District Judge Matthew Leitman said that while Versata Software, which licensed software to Ford from 1998 to 2015, offered sufficient evidence of a contract breach, it did not offer evidence to let jurors calculate damages accurately.
He also said jurors had no basis to determine how long Ford would have needed to develop three trade secrets it allegedly stole, and that this also required voiding the damages award.
Leitman ordered Ford to pay Versata $3 for breach of contract….
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