NFTs have been in the news more and more. An early demo recording made by Whitney Houston when she was 17 sold for $1 million at an NFT auction. The winner of the NFT song option gained personal access to this recording in their online vault, along with digital...
A covenant not to sue is a legal agreement in which the party seeking damages agrees not to sue. Covenants not to sue are typically used to settle specific patent litigation issues outside the civil court system. When signing a covenant not to sue, you will preserve...
When an inventor obtains a patent, they secure the exclusive right to the patented process, design, or invention for a specific period. In exchange, the inventor must give a comprehensive disclosure of the invention. There are three main types of patents recognized...
When does a trademark expire? Whether you are a small start-up company or a large corporation, understanding the value of a trademark is crucial. A trademark can be a specific phrase, logo design, words about your business, character, or numerous other identifying...
In addition to managing employees, profits and losses, and distribution issues, business owners need to be aware of trademark violations. Even with federal trademark protection, your rights can be violated in other countries. As markets become increasingly...
If you want to pursue trademark protection internationally, applying with the Madrid Protocol is an effective option. The Madrid Protocol is an international treaty that provides a single application system for obtaining and maintaining trademark registrations in over...
After you file a trademark application in the United States, you should consider registering your trademark internationally. Several benefits come from taking the time to register your trademark internationally. Registering a trademark internationally will allow you...
Merging or selling your company can be a difficult decision for many professionals. If you are the owner of your company, you have probably spent years building up your company. The steps you take to prepare your firm for acquisition are critical. Preparation before...
Copyrights are a type of intellectual property that protects someone’s original work of authorship. Copyright law protects books, plays, musicals, computer software, architecture, and other artistic works. You can even copyright the original authorship on a website,...
You have worked hard to develop the trademark for your business’s identity, and now you see another person or company using your trademark to promote their goods. What resources do you have? Understanding what constitutes trademark infringement can help you protect...