Intellectual Property
Apr. 10, 2012
Don't believe the myths: IP cases can be covered by insurance
It's a common misperception that IP cases cannot be covered by insurance; don't buy into it. By William T. Um of Hunton & Williams LLP
There is a growing myth among intellectual property practitioners that IP cases, in particular patent and trademark infringement lawsuits, are not covered under traditional comprehensive general liability policies. If you test this myth using the rating system from the popular television show, "MythBusters," this myth would be deemed "busted," or at least "plausible," based on recent court decisions finding coverage ...
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