Intellectual property law is a comprehensive area of the law than spans:
Inventions
Designs
Business names
Trademarks and logos
Trade dress
Artistic works and creations of all types
E-commerce
Digital marketing and advertising
Social media
Cybersecurity
Just as the law protects ownership of personal property and real estate, so too does the law protect the exclusive ownership and control of intangible intellectual property assets. These laws also protect against misappropriation and unauthorized use. Every business, large and small, has intellectual property assets, rights and interests. Musgrove Law Firm’s intellectual property law practice is extensive and encompasses:
Trademark law
Trademark clearance
National and global licensing of trademarks and other intellectual property assets
Intellectual property litigation
Registration and portfolio management and enforcement
Copyright law
Copyright registration, management and enforcement
Patents
Trade secrets
Trade dress
Licensing
E-commerce
Internet and social media law
Cybersecurity and data protection and management
Domain name disputes
Counterfeiting and gray market goods
Domestic and international product development
Manufacturing and marketing
Employee/contractor disputes and rights
Unfair competition
Matters pertaining to the collection of data
“Trademark” is a distinctive word, phrase, slogan, name, graphic symbol, picture, emblem, device, design, logo or any combination thereof which is used in commerce to identify and distinguish a company’s products or services from that of another company and to indicate the source of the goods or services. A service mark is the same thing as a trademark, but instead of products/goods, service marks identify services and events.
“Copyright” protects the tangible expression of an idea and can include everything from books, musical records, video and film, photography, technical and architectural drawings, and designs.
“Patents” protect ideas and systems, as well as methods and designs.
A “Trade secret” is confidential information, including a formula, pattern, compilation, program, device, method, technique, or process that has independent economic value, actual or potential. Trade secrets are not generally known and are the subject of reasonable efforts to maintain secrecy from those who can obtain economic value from their disclosure or use.
“Trade dress” is the commercial look and feel of a product or service that identifies and distinguishes the source of the product or service. It includes the various elements (such as the design and shape of materials) used to package a product or service.
The firm’s intellectual property practice is chaired by Cami Boyd, a seasoned lawyer with over 25 years of experience handling intellectual property matters in the United States and around the world. Ms. Boyd assists the firm’s clients in the development, protection, registration and enforcement of intellectual property assets and rights. She also assists with strategies for the development and monetization of intellectual property assets.
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On March 21, 2024, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that significantly narrows the scope of beneficial ownership information (BOI) reporting requirements.
Under the revised rule, only companies formed under the law of a foreign country and registered to conduct business in the United States are considered “reporting companies” subject to the Corporate Transparency Act (CTA) BOI filing requirements.
The revised rule removes the requirement that U.S. companies and U.S. persons report BOI to FinCEN. The rule also removes the requirement that foreign companies report BOI for U.S. persons. Additionally, the rule extends the previously set March 21, 2025, BOI report filing deadline by 30 days, and requires newly registered foreign companies to file a BOI report within 30 days after receiving notice that their registration is effective.
Although the interim rule is effective immediately, FinCEN has implemented a 60-day public comment period, and intends to issue a final rule before the end of the year.
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