realestate

CoStar prevails in Realtor.com trade secrets lawsuit

US District Court Judge Denies Move's Preliminary Injunction Request Over Realtor.com Claims.

U
S District Court Judge George Wu has denied Move's request for a preliminary injunction against CoStar, questioning claims of "irreparable harm" to Realtor.com. Key points include:

    Judge Wu sided with CoStar on its motion to dismiss additional claims from Move.

    In a tentative ruling, the judge criticized the speculative nature of Move's harm claims and noted that they failed to provide evidence to support their assertions.

    The judge also highlighted Move's refusal to engage in discovery prior to the hearing and their inability to prove irreparable harm following James Kaminsky's alleged access of confidential documents after his termination from Realtor.com.

    CoStar asserts that Move has no evidence linking Kaminsky to its SEO efforts, and the available evidence indicates that CoStar does not possess or use any of the materials in question.

    Judge Wu questioned Move's request for an injunction against CoStar and former Realtor.com editorial staffer James Kaminsky, stating that they have not made a satisfactory showing of likely, imminent, irreparable harm.

    The judge also focused on Move's argument that loss of market position could constitute irreparable harm, but noted that they failed to provide evidence to support this claim.

    CoStar CEO Andy Florance had previously referred to the lawsuit as a "PR stunt," and CoStar execs continue to take a defiant stance against Realtor.com and Move's legal action.

CoStar wins trade secrets lawsuit against Realtor.com in Washington D.C. court.