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 […]
Widerman Malek Law Blog
What is Intellectual Property?
If someone asked you about Intellectual Property, would you know what they were talking about? Would you think it was a smartly built house? Maybe one of those smart phones? You would be wrong if those were your guesses. Intellectual property has to do with creations of the mind. A painting by Van Gogh would […]
Shark Tank: Scottevest Controversy Leads to Dropping of Clause
If you have not watched the TV Show “Shark Tank”, it is a show where small business entrepreneurs and inventors go to appear on TV to “be discovered”. This led Scott Jordan, the inventor of TEC (Technology Enabled Clothing) to appear on the show. But there was a nasty little clause in the agreement to […]
Traps to Avoid When Negotiating Royalties
Royalties are a wonderful way for inventors to collect payment for the use of their inventions. Any time a song is played on the radio the song composer receives a royalty for their work. Any time an artist’s drawing is replicated the artist receives a royalty and any time an author’s published work is reprinted, […]
