California businesses or individuals who hold intellectual property know how important protecting those assets can be to their future and to other entities with whom they may wish to do business. From professional musicians to actors to corporate businesses and more, the world of copyrights, trademarks and other forms of IP is an essential part of their everyday world. The same can be true of professional athletes.
A 35-year-old sports gambler won over $2 million during a 33-game streak on the quiz show "Jeopardy!" Earlier this week, an episode of the popular program, recorded in California, aired showing another player finally deposing the long-running champion. However, some people became aware of the outcome of the game before it hit the airwaves because of a leaked video of the outcome that someone posted on the internet.
When starting a small business, you may have designed a logo, brand or symbol to represent your company. You may have registered your trademark with the United States Patent and Trademark Office to help ensure no one else will duplicate your brand. Registering a trademark gives you extra protection when it comes to pursuing legal action for infringement. Even though your trademark is registered, however, you still run the risk of having someone else get ahold of your design.
Companies in California who need to guard their intellectual property can often learn a lot about this topic by watching the activities of other businesses. For the past couple of years now, two technology giants headquartered in the state have been at odds with each other over alleged intellectual property infringements.
If you or your company hold a copyright, trademark, patent or other form of intellectual property, you will want to learn about your options for enforcing the protections associated with those in the event that you believe a violation has occurred. California companies often secure intellectual property protections to further their business and financial interests and defending these may at times be necessary.
A wide-ranging, eight-week racketeering trial in California has branded a motorcycle club known as the Mongols as a criminal enterprise, allegedly engaging in offenses involving firearms, drugs and violent crime. However, the decision of a California jury last week that the group must forfeit its trademarked logo raises questions about due process and free speech.
Most people in California have been into a Target store before and may well know that the company sells a variety of clothing and shoe products. Some of these items are from name brands and some are knock-offs of major brands. The world of fashion replica products is a complex one apparently as can be seen in a recent lawsuit initiated against Target by the shoe designer and manufacturer Vans.
Anyone in Sacramento who might dismiss an intellectual property lawsuit as being frivolous litigation does not understand the impact that IP can have. Should an employee take office supplies home with them, those things can be easily replaced (at a relatively minor expense). If an employee steals IP, they may threaten both a company's standing in its market as well as the proprietary information that makes it unique. Couple this with the amount of time, effort and money that companies put into developing IP, and it may come as little surprise why those choose to defend it so vigorously.
Many businesses in California whether small or large routinely do business in countries outside of the United States. This naturally gives rise to concerns that a business operating solely in a domestic setting does not have to deal with. Securing intellectual property in multiple countries is one of those concerns.
As a business owner in California, you probably know how valuable intellectual property truly is. That’s why it’s vital to take the proper steps to prevent your lucrative ideas from falling into the hands of your competitors. Inc. offers the following tips in this case, which helps business owners safeguard their most valuable ideas.