Protecting Intellectual PropertY (IP)

To protect Intellectual Property embodied in their products, services, and technologies, Clients need to first claim their Intellectual Property (IP) Rights in this Intellectual Property (IP).

The Intellectual Property (IP) embodied in a product, service and/or technology is called an IP Asset.  And IP Rights associated with any IP Asset are based on the Intellectual Property Laws of the Country or State in which the IP Asset exists.  

In general, there are several different classes of IP Assets that may be added to ones Intellectual Property (IP) Portfolio, namely: (i) inventions such as machines, devices, methods, compositions of matter, and articles of manufacture protectable under the Patent Laws; (ii) marks used to identify the source of origin of products or services - protected under the Trademark Laws; (iii) works of art of a non-useful or non-utilitarian nature protectable under the Copyright Laws; (iv) secrets used in a particular trade for purposes of utility and advantage - protectable under State Trade Secret Laws; and (v) trade dress characteristics relating to the design, shape and  visual appearance of a product, its packaging, a service offering, and even the design of a building or dress that signifies the source of the product to consumers - protectable under the Trade Dress Laws. 

Once a Client's IP Rights are claimed in an IP Asset under the Intellectual Property Laws and ownership is recorded in the IP Office of the Country or State of concern, these IP Rights can be used in various ways, namely: (i) licensed to others by the Owner; (ii) sold and assigned to another by the Owner; (iii) asserted against alleged infringers by the Owner; and (iv) used to collateralize debt-based financial transactions, and support venture capture investments and private-equity financing.

Please contact us today to learn more about how we can help develop your IP Portfolio, and protect your products, services and markets around the world.

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