Many people believe that they understand certain words when in legal documents they could be used in another manner. Understanding legal definitions has been the downfall of several documents as many parties will sign them and believe that they understand entirely. With a licensing agreement, that could be a very costly mistake. Many who create […]
You are excited – you finally came up with an invention. You cannot wait to get your ideas out there, but before you do, you have to protect yourself. This is done with an NDA. This agreement is almost always warranted when you come up with an invention. Think of it as your protection against […]
Expensive designers that sell their clothing for thousands of dollars for one item are not very affordable to the masses, so how do people that cannot afford those prices wear clothing that looks like a million bucks? Or how does the average consumer dress just like their favorite celebrity when they cannot afford those hefty […]
Special sauces, secret ingredients, secret inner workings, special ways to train employees; we come in contact with products and brands that have these trade secrets every day. These trade secrets are what make that product so special. Have you ever wondered how a company legally protects those trade secrets? In almost all states, a trade […]
In the midst of Florida winter, it’s easy to forget about the dangers lurking from June to November. It’s been ten years since a major tropical system has made landfall in Florida. When was the last time your building caught on fire or a lightning strike completely fried your electronics? It’s probably been awhile. Yet, […]
In most intellectual property lawsuits (relating to copyrights or trademarks, for example), it is often very difficult for a plaintiff to calculate the exact measure of infringement. Therefore, any damages are normally calculated as a multiple of the price for the use of the property. Other statutes can set a determined amount for every day […]
Intellectual property might be a mystery to many. What is it? Intellectual property is something created by a person, like a type of document that is created by using an individual’s intellect and creativity. Any person, who creates music, writes, makes a movie or takes photographs, can use the definition of intellectual property to describe […]
Geographical Indications is a new term. This term is without a doubt the latest term to be covered under the definition of intellectual property rights. The term references the value of the names of places like Champagne, Darjeeling and Chianti. These names are the actual names of places and are also thought of in terms […]
Intellectual property can be either owned by individuals or companies. While many companies and individuals keep their creations, many companies own such intellectual property with the general idea of selling it under legal terms. And there are times when an individual may prefer to sell the intellectual property rather than retain it for themselves. Types […]
