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May 2022

COFFYLAW, LLC > 2022 > May

WHAT QUALIFIES AS A TRADE SECRET?

TRADE SECRET

Trade secrets are a key component of a company’s intellectual property. In fact, trade secrets are often a company’s most valuable asset and may consist of any formula, technique, process, pattern, or device that provides the business with a competitive edge. The skillful business litigation attorneys at COFFYLAW, LLC can help you identify what qualifies as a trade secret and what steps you need to take to protect it from infringement, theft, and misappropriation by employees or competitors. Our trade secrets attorneys with offices in New Jersey and New York have a track record of success representing businesses in intellectual property disputes and...

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CAN INTELLECTUAL PROPERTY BE SOLD?

CAN INTELLECTUAL PROPERTY BE SOLD?

If you or your business own intellectual property (IP) in the form of patents, trademarks, copyrights, or even trade secrets, there may come a point when you have to choose between using your IP yourself, licensing it to others, or simply selling it outright. Sometimes it’s not an easy decision to make. Intellectual property often takes a lot of time and energy to create, and then safeguarding your creations through patents, copyrights, and trademarks can be expensive. Patents especially require continuing renewal fees, and if you’re not making money from the patent, you may decide it’s best to either license or...

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