Baker Botts LLP advised Tenaris on the deal.
A federal judge in the Southern District of Texas has ordered OFS International, LLC, (OFSi) to stop manufacturing and selling six connections that Tenaris alleged were based on confidential information and trade secrets that OFSi stole from Tenaris’s subsidiary, IPSCO Tubulars.
The order prohibits OFSi from developing new connections using Tenaris’s confidential information and requires OFSi to return or destroy all stolen information in its possession.
United States Magistrate Judge Christina Bryan signed the permanent injunction order, which provides that OFSi is “permanently enjoined from manufacturing, marketing, selling, offering for sale, licensing or providing threading services” for the six connections at issue in the lawsuit, including the BHT and BHT-S.
Tenaris acquired IPSCO in January 2020, and continued to pursue the litigation against OFSi to protect its acquired assets and defend against unfair competition.
In 2019 Tenaris invested $61 million in research and development, and more than $392 million during the last five years. It operates four R&D facilities worldwide, led by a team of 360 experts who continuously work to develop innovative solutions to enhance the safety, quality, performance and sustainability of its products.
The Baker Botts team was led by Ty Buthod (Picture) from the Houston office and included Paul Elliott, Matt Sheridan and Brent Cooper, with legal assistant support from Evelyn Lazear.
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