Understanding IP litigation
Intellectual property (IP) refers to creations of the mind, and IP rights comprise of copyright, designs, patents, confidential information and trade marks. For some businesses the intellectual property (IP) that they have developed is the entire basis of their company. This could be an invention, specialist software, or specialised information that has been gathered over time. Whatever type of intellectual property exists within your business, if someone has infringed your IP rights, you have the right to take action to protect them.
IP litigation is often used by businesses that have had copyrighted information stolen, or an invention has been copied and passed off by another business claiming they are selling the genuine article. Before you go ahead with any IP litigation you are considering, you should consult a reputable solicitor that deals with IP cases. They will be able to assess the particular circumstances of your alleged infringement and give an opinion of the strength of your case and if a court will likely rule in your favour.
IP litigation may also become relevant to you if another company believes you have breached their IP rights and is threatening legal action. If you are threatened with IP litigation you should contact a solicitor as soon as possible; it is advisable not to attempt to handle IP litigation yourself as this area of the law is highly complex and losing a legal battle over IP rights can have serious consequences for your business, not to mention substantial financial liability owing to compensation payable to the winning party.
If you would like to obtain legal advice about intellectual property law, Caven can put you in touch with a local specialist intellectual property solicitor free of charge. So, if you have any questions or would like our help in finding local intellectual property solicitors please call us on 08001 221 2299 or complete the web-form above.
- Last Updated on 02/03/2010