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LAW and IP - Coggle Diagram
LAW and IP
Litigation
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Sealed Air - case
The problem was the seller, that teeters on the edge of bankruptсy from asbestos litigation. With the acquisition of any Grace subsidiary came Grace's full liabilities.
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Intellectual property
Types
Copyrights
is concerned with the rights of authors, artists, musicians, film makers and other creators of artistic works.
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Trade marks
Any sign which identifies a particular brand or product (e.g. a word, phrase or logo)
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Patents
patent trolls
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trolls look for holes in the patent of some well-known company, then the owner of the patent for a similar innovation and begin to sue
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IP is an expansive and rapidly changing area of the law which deals with the formulation, usage and commercial exploitation of original creative works.
IP protection
Registration
In the absence of registration of such objects, the state does not protect the rights holders
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If the company is afraid of such a scenario, it can issue any commercially significant information as know-how.
The know-how is protected by the trade secret regime. The company restricts the number of people who have access to classified information, and employees sign a non-disclosure agreement.
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Lawsuit
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Attorneys | Lawyer
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Defendant
In legal proceedings, the defendant is the party against whom charges are being brought.