According to the law, the damage award in a patent infringement action must be “Adequate to compensate for the infringement, but in no event less than a reasonable royalty for the use made of the invention by the infringer, together with interest and costs as fixed by the court.” The
This post outlines how to determine the value of a company – both private and public. You can calculate or evaluate a company’s true valuation through a variety of different methods. Whether you are considering purchasing a company or investing, these values hold true. Bear in mind, we are not
Trade secrets are the building blocks that make your business successful. Trade secrets are intellectual property that you need to first identify and then figure out strategies to keep them protected. A specialized formula, a secret recipe and a unique way you process or make something can be considered a
User-generated content (UGC) is a valuable part of your company’s content marketing strategy, but it’s also full of potential legal pitfalls. When you’re aware of these liabilities, you’ll have a good grasp of what you can and cannot permit on your sites without risking copyright violations, trademark infringement damages or
If your plans for 2018 include launching a new product or service, you also want to ensure your business assets and trademarks are protected. Your business relies on its intellectual property, which isn’t a tangible asset but is the sine qua non of your operation. Don’t risk your business by failing to
You’re working 18 hours a day – or more – getting your startup business off the ground. With all the excitement and stress, it’s likely that protecting your intellectual property (IP) is not on the front burner right now. That’s a mistake. Failure to protect your IP cannot only devastate
On May 11, 2016, President Obama officially signed the Defend Trade Secrets Act or DTSA, after it had unanimously passed in the Senate and was ratified in the House with a vote of 410 to 2. This created a federal private civil action that allows for the misappropriation of trade
Arctic Cat has recently been awarded damages of $46.7 million in its case against Bombardier Recreational Products, Inc. (BRP), an award that is more than triple the $15 million the jury awarded Arctic on June 1st. The judge’s decision to increase the amount of the award was based on the
The fight between Apple Inc. and Samsung Electronics Co., the world’s two leading smartphone manufacturers, is not limited to the marketplace – in the past five years, Apple has filed over fifty patent infringement lawsuits internationally against Samsung. The most recent United States ruling was decided in favor of Apple
Gilead Sciences is a bio-pharmaceutical research and development company that discovers, develops and commercializes innovative medicines in areas of unmet medical need. Recently, Gilead lost a patent infringement case to Merck, another pharmaceuticals company, and was ordered to pay $200 million in royalties for a pair of hepatitis C drugs,
