Managing Intellectual Property in a Crisis (Part 3); JDSupra, April 8, 2020

Joseph Falcon, III, JDSupra; Managing Intellectual Property in a Crisis (Part 3)

"The most common danger of ignoring intellectual property is the loss of business opportunities, because the business owner was not attentive to whether those opportunities were worth pursuing. For example, an issued patent requires maintenance fees periodically through the life of the patent. Failure to pay a maintenance fee will cause the patent to expire. The business owner must make an informed decision as to whether or not maintaining that patent is in the business’ best interests. On the other hand, the unnecessary payment of a maintenance fee may result in a lost opportunity to invest those funds in new projects or patents. It is therefore critical to maintain a portfolio of patents which is driven by the business’ needs, strategy and long-term goals."

Managing Intellectual Property in a Crisis (Part 2); JDSupra, April 1, 2020

Joseph Falcon, III, JDSupra; Managing Intellectual Property in a Crisis (Part 2)


"(Note: This is the second of a three-part series stressing the importance of intellectual property protection in difficult economic times. You can read Part 1 here, and watch for Part 3 tomorrow.)

Maintaining intellectual property first requires identification of intellectual property your business already possesses. Intellectual property rights are classified into various categories, each protectable by different legal instruments such as patent, copyright, trademark and trade secret...

These items for patents, copyrights or trademarks are general, but each business likely will have specific questions on how they can apply to each business."

Managing Intellectual Property in a Crisis (Part 1); JDSupra, March 31, 2020

Joseph Falcon, III, JDSupra; Managing Intellectual Property in a Crisis (Part 1)

"Businesses are often not aware that they own intellectual property that generally provides the owner exclusionary rights, which are critical to any business that wants to commercialize their product or services in view of competition. Therefore, those companies that appropriately manage intellectual property rights create improved opportunities to protect and exploit these rights as assets, especially in an economic crisis or downturn. Developing and maintaining intellectual property, as a management strategy, has proven to be an effective tool for any company and having such a strategy may be essential for a business to gain and maintain a competitive advantage, especially in today’s economy."

Sleepless Nights for GCs Caused by Regulations and Crisis Management; Inside Counsel, June 22, 2017

Jennifer Williams-Alvarez, Inside Counsel; Sleepless Nights for GCs Caused by Regulations and Crisis Management

"The inaugural "General Counsel Up-at-Night" report looks at responses to an online survey conducted in spring 2017 from more than 200 U.S.-based general counsel and other in-house legal decision-makers.

The results reveal that the most pressing challenges faced by respondents are: regulations and enforcement; privacy and data security; risk and crisis management; litigation; and intellectual property. Among these, the biggest concerns are regulations and enforcement, with 74 percent of respondents identifying this as a very important challenge, followed by privacy and data security with 65 percent and risk and crisis management with 63 percent."