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Trial Starts Over Hallmark Trade Secrets



Photo courtesy of Creative Commons

Tens of millions of dollars could be at stake for Hallmark Cards Inc. in a trial that began Monday in federal court in Kansas City.

Hallmark’s suit against Boston-based private equity firm Monitor Clipper Partners LLC alleges that Clipper obtained Hallmark trade secrets from a related consulting firm, Monitor Company Group LP, before acquiring Hallmark competitor Recycled Paper Greetings Inc. in 2005. Monitor had advised Hallmark on a business-model redesign.

Read more on Kansas City Business Journal.

 

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