Covalon Technologies v. Abbasian et al.
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Counsel to a healthcare innovation company in a civil action and injunction proceedings against a former company executive who is alleged to have stolen trade secrets and intellectual property in an effort to set up a competing business and sell the stolen technology. LOLG succeeded in securing an injunction, prohibiting the defendant from communicating with his alleged co-conspirators, misusing the client’s information, and freezing a bank account containing proceeds from the allegedly illicit sale of the client’s information. LOLG currently represents Covalon in a motion before the bankruptcy court, seeking to set aside the stay of its action, following the defendants’ declaration of bankruptcy.