Business disputes, especially intellectual property disputes, have the potential to turn into massive problems for New Jersey businesses. Without the right help and management, intellectual property disputes can become very expensive, time consuming and disruptive for businesses. But, they don't have to be. In some situations, alternative dispute resolution can be used so that New Jersey businesses can come to favorable resolutions.
For many businesses, their image and name is everything. Therefore, businesses will go a long way to protect their reputation, name and their copyrights.
When one business violates the intellectual property rights of anther, that business can be held financially responsible for the violation. Before damages can be assigned, a company must first prove that they had intellectual property rights to begin with and that those rights were violated. In order to show these things, the company must file a case in a New Jersey court. These legal battles can be drawn out and complex.
For many New Jersey businesses their most valuable assets are intangible. More specifically, these assets include intellectual property rights. Intellectual property rights include patents, copyrights, trademarks and other business concepts. While some of these rights are automatic, others are given by governmental agencies. In each case, the owner of the property right has the exclusive right to profit from their intellectual property for a specific period of time. Depending on the specific intellectual property, these rights can be very valuable if sold.
New Jersey businesses have the right to make money on the things that they make and sell. However, sometimes these things are not tangible. Often, businesses property includes intellectual property and, like all other forms of property, businesses have the right to profit from its intellectual property.
Syl Johnson has sued Jay-Z and Kanye West for copyright infringement over their new track, "The Joy," which he says contains a sample from his 1967 song, "Different Strokes," that they did not seek permission to use. The song with the sample appears on the hip hop artists' new collaborative effort, "Watch the Throne."
In another case of allegedly misappropriated identity, a real-life maid has sued the author of the novel, "The Help," claiming that the author used her likeness and name for one of the two main characters in the book without her permission. Ablene Cooper works for author Kathryn Stockett's brother and sister-in-law. Cooper says that Stockett's brother and sister-in-law support her lawsuit.
Several Hollywood studios banded together to successfully protect their intellectual property rights from a "family-friendly" company that was redistributing altered versions of their films. According to The Hollywood Reporter, Paramount, Warner Bros., MGM, Disney, Universal and Fox filed a lawsuit against Family Edited DVDS, Inc.
Two Toyota franchise owners are battling it out in court over the rights to various domain names allegedly purchased by one franchise owner to mislead internet users looking for the other franchise into landing on his own franchise's site.