Intellectual property consists of many types of intangible assets including patents, trademarks, copyrights and trade secrets. Many businesses use these intangible assets to build a competitive niche which differentiates them in the marketplace. Rights to a valid patent, trademark or copyright can also be licensed to create a revenue source. Protecting these rights can require initiating litigation.
Article authored by McAfee & Taft attorney: John Kenney.
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Published In:
Insurance Updates, Intellectual Property Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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