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CoStar Wins Injunction for Breach-of-Contract Damages In CRE Database Access Lawsuit
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.
U.S. District Judge Christopher R. Cooper ordered a permanent injunction protecting the subscription-based commercial real estate database owned by CoStar Group Inc. He also awarded the plaintiffs $60,000 in damages plus $40,000 in attorney fees.
Tiltbot LLC, an affiliate of Texas-based Leon Capital Group, is liable for the alleged breach of contract, Cooper ruled Tuesday, finding the company accessed CoStar's LoopNet.com platform without authorization and extracted records in June 2021.
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