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Barring repeal after the upcoming election, a 3.8% Medicare contribution tax will come into effect in 2013 to help pay for the Patient Protection and Affordable Care Act a/k/a Obamacare (the “Act”). There is a lot of false or misleading information on the Internet about this tax and its impact upon the sale of one’s […]
A decision earlier this year from Justice Elizabeth H. Emerson of the New York State Supreme Court, Suffolk County Commercial Division, illustrates the harsh consequences that can result from failing to comply with a contractual notice of claim provision, even when the alleged breaching party has actual notice of the apparent claim.
Trademarks are an important part of any business. Once a mark is registered and, therefore, federally protected, the protection afforded by the registration is dependent upon continued use of the mark. The owner of a trademark loses its rights to a mark if it does not use the mark in a consistent and controlled manner.
Copyrights and trademarks are collectively known as intellectual property rights. A copyright protects an original artistic or literary work. A trademark protects and identifies the source of goods of one party from those of another, and, similarly, a service mark protects and identifies the source of a service, rather than a product.
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