intellectual property News

Firms Fail to Grasp Intellectual Property Risks: Marsh/LIU Report

Global businesses do not understand the intellectual property risks facing their organizations or the value of their intangible assets, a new report says. Three-quarters of organizations are unable to identify the proportion of their firms’ value that could be attributed …

Former Florida Gov. Crist Settles Music Copyright Lawsuit

Former Florida Gov. Charlie Crist has settled a lawsuit filed by Talking Heads singer David Byrne after Crist used one of the group’s songs without permission in a campaign ad last year, both parties have confirmed. Terms of the settlement …

LimeWire Wins Limit on Damages to Record Companies

A federal judge limited the potential financial liability facing the operator of LimeWire, a once-popular file-sharing service found liable for copyright infringement, at an upcoming damages trial. Rejecting an argument that could have led to “trillions” of dollars in damages, …

File-Sharing Service LimeWire, Music Publishers Settle Copyright Case

The operator of LimeWire, a once-popular file-sharing service shut down last year for copyright infringement, has settled a lawsuit brought by music publishers. The settlement with Lime Wire LLC covers more than 30 publishers, including units of EMI Group, Sony …

Senate Amends Patent Reform Bill, Vote Could Come This Week

The U.S. Senate voted Tuesday to strip controversial provisions out of a bipartisan bill to revamp the U.S. patent system and clear a years long backlog of patent applications. The vote was 97 in favor and two opposed. Senators Patrick …

Elvis Music Suits in Florida, England Claim Copyright Infringement

Elvis Presley Enterprises said it’s suing men in Florida and England on claims of copyright infringement and illegal sale of a DVD and CD box set of recordings and footage of the singer’s performances. Meanwhile a third person, Europe-based DJ …