By
Lisa A. Lori
and Esq.
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• Indemnification and insurance. The licensee should ask for a provision indemnifying them against copyright, trademark and other infringement claims that may arise out of use of the licensor's intellectual property. If the licensor gives permission to use a trademark the licensor contends it owns, and it turns out that someone else believes they own the trademark, you can be sued for trademark infringement. If that happens, the licensee should be indemnified by the licensor so that the licensor is responsible for attorney fees and any potential judgment.
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- People:
- Lisa A. Lori
- Places:
- Cleveland
Lisa A. Lori
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Esq.
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