Avant!, Cadence granted split decision by court

Electronic News, March 24, 1997 by Judy Erkanat

"This decision puts to rest Gerald Hsu's claims that Avant! did not steal Cadence trade secrets and that Cadence's lawsuit is unfounded," said Mr. Costello. "Cadence will press for an early trial date to remove all tainted Avant! products from the market, and collect compensatory and punitive damages. In the meantime, the order makes clear that Avant! continues to ship tainted products at its own peril."

Cadence was also ordered to post a $50,000 bond as a condition of the injunction for payment of any damages incurred by Avant! if it is ultimately found innocent.