Supplier Transitions and Intellectual Property Litigation Risk: A Practical Guide for Businesses
Intellectual Property attorney Terry Wikberg wrote a column for the Intellectual Property & Technology Law Journal examining the often-overlooked intellectual property (IP) risks that can arise when companies change suppliers. He explains how transitions may trigger trade secret, patent or copyright claims from former suppliers, particularly when confidential information, technical specifications or supplier-developed innovations are involved. The article offers practical strategies to reduce litigation risk, including contract drafting pointers, clear ownership and disclosure provisions, documentation of independent development and disciplined information-sharing practices during the transition process.
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