In This Issue:

- Stanford v. Roche: A Cautionary Tale for Employers with Intellectual Property

- Intellectual Property is 80% of the Value of a Business!

- Avoiding Confrontations with Licensing Firms

Excerpt from "Stanford v. Roche"

The United States Supreme Court reminded us again on June 6, 2011 how important employment contracts can be to companies with intellectual property. In a 7-2 decision, the Court held that the Bayh-Dole Act did not change the long-standing law that patents are initially awarded to inventors rather than to their employers. (Board of Trustees for Leland Stanford Junior University v. Roche Molecular Systems, Inc., U.S. No. 09-1959) (“Stanford v. Roche”).