Halliburton Denied Change of Venue in $300 Million Arbitration DemandEcosphere Technologies Hearings to be held in Miami, Florida
The demand for arbitration, filed on February 20, 2013, alleged Halliburton took and disclosed Ecosphere’s trade secrets and proprietary technical, business and strategic information. Ecosphere demands $300 million in damages, alleging specifically that Halliburton both breached a non-disclosure agreement with Ecosphere, and that Halliburton stole, converted or misappropriated Ecosphere’s trade secrets, all relating to Ecosphere’s green technology business model to treat and recycle water used during hydraulic fracturing or “fracking” The two parties have until April 8, 2013 to agree upon three arbitrators or the arbitrators will be appointed. Upon appointment of the arbitrators a preliminary hearing will be set. Trial Attorneys Theodore Leopold and Gregory Weiss of <a href="http://www.leopold- Photo: https://www.prlog.org/ End
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