Traverse Legal Blogs
Traverse Legal have the perfect set of lawyers with highly varied expertise.
Founders’ Friday: Should You Bootstrap or Finance Your Startup?
Before digging deeper, let’s start with a question: what do a self-made millionaire and a venture-backed millionaire have in common? Yes, that’s right, so with that in mind, now we can discuss the fact that you have a great new business idea and are ready to make your idea a reality. You will undoubtedly be […]Read More
Is A Registered Copyright Necessary for a DMCA Takedown?
Imagine this: you just attended a concert at your local concert venue. Assuming it was a lot of fun, you want to share the experience with friends and family, so you post the photos you took on Facebook before going to bed. When you wake up the next morning, you sip your coffee and read […]Read More
Supreme Court Strikes Down Lanham Act’s Disparagement Clause
On June 19, 2017, the Supreme Court issued an opinion in Matal v. Tam, 137 S. Ct. 1744 (2017), striking down the disparagement clause in the Lanham act that had been in place since 1946. The clause reads that no mark will be registered that is a “matter which may disparage or falsely suggest a […]Read More
Patent Exhaustion Update
The U.S. Patent Act (35 U.S.C. § 271(a)) grants a patent owner the right to prevent others from making, using, selling, offering for sale or importing a patent invention within the U.S. The doctrine of patent exhaustion limits the patent owner’s ability to control the use of patented items after those items have been sold. […]Read More
Accidental Copyright Infringement Is Still Infringement
“Strict Liability” is a term used to describe legal liability in which a Plaintiff does not have to prove a Defendant’s fault, but simply show that their rights were infringed. Copyright infringement is strict liability, which means you remain liable for copyright infringement even though you did not intend or realize you were infringing a […]Read More
Founders’ Friday: Legal Agreements Preserve and Protect Your Growing Business
Any Founder, especially a repeat-Founder, will tell you that the proverb of “an ounce of prevention is worth a pound of cure” applies to legal agreements. As a start-up business owner you will need several critical written agreements to assist in securing and growing your business. Unless you go it alone without any legal assistance, […]Read More
Texas Uniform Trade Secrets Act Amendment
The Texas Legislature recently passed a bill amending the Texas Uniform Trade Secrets Act (“TUTSA”), scheduled to take effect September 1st of this year. Along with a few minor modifications, there are five notable changes that any business who carries a trade secret may want to familiarize themselves with, before they decide to file a […]Read More
Variations of Cybersquatting
While you may know what cybersquatting is generally and what potential legal action you can take for remedies under the Anticybersquatting Protection Act (“ACPA”), not knowing specific techniques used by cybersquatters may leave you unaware that you are currently being or have been a victim of cybersquatting. Cybersquatters use a variety of techniques to benefit […]Read More
Founders’ Friday: Owning IP Increases Business Value
Don’t just think about IP ownership in a vacuum. Think about IP from a business perspective, or, perhaps, as Puff Daddy said best: “It’s all about the Benjamins baby!” Once Founders have made the decision to protect their business’ Intellectual Property (“IP”), whether it be in the form of a trademark, patent, copyright, trade secret, […]Read More
Founders’ Friday: What’s Your Big Idea?
In addition to spending time creating business plans, marketing plans, and succession plans, founders should make sure that they are developing a sound plan for handling their company’s intellectual property (aka your big idea). The reality is that every startup began with an idea. Existing businesses typically come up with new ideas as well. Regardless […]Read More