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Copyrights, trademarks and licenses have
become important business assets in today’s
global business environment. With global
branding, marketing, franchising and
licensing, the value of these intangible
rights have increased exponentially in the
market.
Especially with the explosion of the World
Wide Web, it is no longer sufficient to
insure that a logo, brand or slogan does not
infringe on another entity in a limited
geographic area, nor can any business safely
bet that they will not hit the radar of a
company located across the country or the
world. The boundaries have not just been
blurred – they have been completely
dissolved.
Furthermore, the owner of any trademark has
the burden of “policing the mark” to prevent
infringement by others. To avoid this
responsibility – to knowingly allow
infringement to persist – can result in the
owner permanently losing the ability to
enforce trademark rights.
Because the internet has made it easier than
ever to identify and locate instances of
infringement, cease and desist letters have
exploded to an all time high – and there is
no end in sight.
In
the past, a small or medium sized business
with no involvement in interstate or
international commerce had less incentive to
protect their names and other trademarks
from use in other states and countries. The
internet and global business environment
have changed all of that.
No
company wants to invest years in building up
their brand only to learn they can never
expand across borders. Due diligence in
company and product naming is more vital now
than at any other time.
By
making companies visible to a worldwide
market, the internet has also resulted in
more U.S. companies finding it necessary to
defend themselves against claims of
infringement domestically and abroad. In
fact, most business owners do not know that
each country has its own trademark laws, and
registration in the U.S. alone may not be
sufficient. Many new business owners do not
realize that the state clearing the name of
a new business for formation purposes does
not give the business owner any trademark
rights to use that name and that they may
have to cease and desist from using it even
after department of state approval due to
infringement on someone else’s trademark.
At
Kupfer & Associates we understand these
issues and counsel our clients on protecting
their intellectual property. We also provide
the insights to assess when the expense
typically incurred by a global brand may not
be advisable or practical for smaller
companies. We handle domestic trademark
filings and advice in-house and partner with
specialists for international trademarks,
patents and certain copyright and intellectual
property litigation matters.
We
invite you to contact
our attorneys
to learn more about how Kupfer & Associates
can help you navigate the requirements to
protect your intellectual property.
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