![]() ![]() The trial judge, however, found that the evidence did not support the jury’s finding of damages, and reduced the judgment from $20 million to $1. The jury found the receiving party liable to the disclosing party in the amount of $20 million in compensatory damages. This case involves the fallout when the recipient of the information-the receiving party under the NDA-decided not to proceed with the contemplated transaction with the disclosing party, and then breached the NDA by failing to return all of the information it had received. Among other things, NDAs generally limit the disclosure of the sensitive information to a defined circle of people and specify its permitted uses. To facilitate the sharing of information, it is common for parties to enter into an agreement known as a nondisclosure agreement or an NDA. Such information often includes financial data and records, business plans, marketing plans, budgets, technical data, formulas, and the like. Johnson, Clerk The ability of businesses to exchange information, particularly confidential and proprietary information, is a critical component of a functioning, free-market based economy. of the State Government Article) this document is authentic. _ Filed: ApPursuant to Maryland Uniform Electronic Legal Materials Act (§§ 10-1601 et seq. ![]() 0118 September Term, 2019 _ ADCOR INDUSTRIES, INC., ET AL. Circuit Court for Baltimore County Case No.: 03-C-15-006837 REPORTED IN THE COURT OF SPECIAL APPEALS OF MARYLAND No. CONTRACTS – NONDISCLOSURE AGREEMENTS - DAMAGES The settled measure of contract damages under Maryland law serves its function for nondisclosure agreements as much as it does for other contracts. The allocation of risk reflected in nondisclosure agreements is just as important and central to the expectations of the parties as it is with respect to other types of contracts. CONTRACTS – NONDISCLOSURE AGREEMENTS - DAMAGES Damages for the breach of a nondisclosure agreement are treated in the same manner as other contracts. Parties enter into contracts with the reasonable expectation that the courts will enforce those rules. If they decide to proceed, it means that they accepted all risks and mutually agreed to the rules governing their relationship moving forward. Before signing a contract, the parties must assess whether the expected benefits of the transaction outweigh the risks, including the possibility that they underestimated or failed to protect against all of the risks. The risks of signing a contract are many and often unforeseen. 118, September Term, 2019, Argued: SeptemCONTRACTS – NONDISCLOSURE AGREEMENTS Contracts are voluntary undertakings that obligate the parties to duties and responsibilities that they otherwise wouldn’t have assumed. We begin First Article Testing of the magazine Januand should announce the results by Shot Show in Las Vegas.” Additionally, we are submitting samples of ceramic coated M2HB Top Covers and Barrels Supports that we manufacture. While slightly more expensive they offer far superior performance and have already been proved in the small arms field. We are planning to evaluate harder coatings that include ceramics. The other major improvement is the plating and dry lubricant process that will prevent very fine sand from embedding into the surface. It turns out that one critical radius on the magazine is entirely too small to allow for adequate clearance in the magazine well. The greatest improvement is that we copied magazines produced by Mec-Gar for Beretta. “Airtronic has made several improvements. Walter, responded to DID’s enquiries about this problem: Considering that the troops are using the M9’s in an area of the world that is populated by little else but dirt and sand, this makes the use of such magazines a bad idea.”Īirtronic Services is a woman owned licensed manufacturer of firearms, destructive devices and components for military use. By all reports I have heard from the field, the new magazines are not made as well and are extremely sensitive to dirt and sand. The military decided to go with another vendor, Checkmate, to supply the magazines for the M9. Until very recently, the magazines for the M9 pistol were produced by Mec-Gar. ![]() “Recent reports from Afghanistan and Iraq have reported less than satisfactory reliability with the M9 pistols traceable to the magazines. One does hope the folks at TACOM and the GAO paid attention to field reports along the way. ![]()
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