By
Lisa A. Lori
and Esq.
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Similarly, both licensor and licensee should have adequate insurance coverage in place to cover claims for product liability or other issues.
A licensing deal can be highly profitable for licensees and licensors, but there are many potential pitfalls that can affect profitability and liability. Before you embark on a licensing deal, be sure to have a thorough license agreement in place.
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- People:
- Lisa A. Lori
- Places:
- Cleveland
Lisa A. Lori
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