Salt Ship Design AS v Prysmian Powerlink SRL
Salt is likely to recover €5,710,000 as an account of profits for Prysmian’s misuse of confidential information, as the gain to Prysmian is fairly attributable to the wrongful act. The interim payment of €5 million is a reasonable proportion. A publicity order is appropriate and proportionate given the value of the trade secrets, the egregious conduct of Prysmian, and the negative impact on Salt, and will be limited to the relevant web page for six months.
- Parties
- Claimant: Salt Ship Design AS; Defendant: Prysmian Powerlink SRL
- Jurisdiction
- England and Wales
- Judgment Date
- 24 December 2021
- Procedural Posture
- Commercial Court Claim / Post Liability Judgment; Applications for Interim Payment and Publicity Order
- Outcome
- Interim payment and publicity order granted
- Legal Topics
- Misuse of Confidential Information, Account of Profits, Interim Payment, Publicity Order, Trade Secrets (enforcement, Etc) Regulations 2018
Case Brief
Summary, issues, holding and outcome
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Parties
Salt Ship Design AS
Claimant
Prysmian Powerlink SRL
Defendant
Procedural Posture
Commercial Court Claim / Post Liability Judgment; Applications for Interim Payment and Publicity Order
Legal Issues
- 1 Whether the claimant is entitled to an interim payment based on an account of profits for misuse of confidential information
- 2 Whether a publicity order should be granted under the Trade Secrets (Enforcement, etc) Regulations 2018
Ratio Decidendi
Salt is likely to recover €5,710,000 as an account of profits for Prysmian’s misuse of confidential information, as the gain to Prysmian is fairly attributable to the wrongful act. The interim payment of €5 million is a reasonable proportion. A publicity order is appropriate and proportionate given the value of the trade secrets, the egregious conduct of Prysmian, and the negative impact on Salt, and will be limited to the relevant web page for six months.
Court Disposition
Interim payment and publicity order granted
Orders
- Prysmian to pay Salt an interim payment of €5,000,000 on account of profits for misuse of confidential information.
- Prysmian to display a notice on the Leonardo da Vinci vessel page of its website (accessible from UK IP addresses) for six months, stating the High Court’s findings and clarifying that no order prevents trading the vessel.
Full Case Text
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