WHY LOOK FOR “BURIED TREASURE”? Part Two of a Three Part Series Intellectual Property Lawsuits Are Expensive It is not uncommon, pursuant to AIPLA surveys for companies to expend $500,000 to $1,000,000 for defense of trademark and copyright infringement lawsuits. More than five times that sum may be expended for patent infringement lawsuits. Where insurer…
“BURIED TREASURE” – SECURING REIMBURSEMENT FOR MONIES EXPENDED IN PAST INTELLECTUAL PROPERTY LAWSUITS Part One of a Three-Part Series Introduction Companies looking for extra money in these tough economic times may have an answer from the past. The vast majority of insurer denial letters for intellectual property lawsuits lack merit. Therefore, companies who have litigated…
Welch Foods, Inc. v. National Union Fire Ins. Co., No. 09-12087-RWZ, 2011 WL 576600 (D. Mass. Feb. 9, 2011) The Court followed American & Foreign Ins. Co. v. Jerry’s Sport Center, Inc., 2 A.3d 526, 541 (2010) which embraced the better rule that an insurer is not entitled to reimbursement where it did not reserve…
Gauntlett on IP Insurance 