Patent Attorney and Founder
Hi everyone I’m JD Houvener at the host of the Bowl today’s show we’re Hugh the inventor or entrepreneur featured daily inspiration so if you can make the world a better place [Music]
we are talking about all the different types of IP insurance that you can get when it comes to protecting your interest either as inventor or as someone just out there looking to do business wanting to avoid having to pay all those legal fees there are the some these are amazing insurance policies out there that we are we have been recommending all of our clients to at least consider as they began their journey and creating and being out there in the commerce to make sure they understand their rights and to avoid the pitfalls of what could be a sort of an unending legal battle that could leave you two sort of penniless and unable to monetize your invention so today I want to look forward to a subject that we’re talking about next week which is all about trade secret law there is actually an insurance policy against the misappropriation of trade secret information and so this policy exists so that when you and your company have identified certain information right that is already that is considered trade secret if the information gets out of the company and you lose the benefits right somehow it gets published or it’s part of a it’s somehow your employee leaves the company starts a new company and that information no longer is trade secret to your company you’ve lost a benefit you’ve not been able to recover that and so the the ability for you to go sue in federal court under the new defend trade secret Act or taking them to state court to enforce those rights can be quite onerous and so the legal fees there can be covered by a trade secret miss preparation policy and so this is quite interesting it’s a relatively new type of policy some of that we can introduce you to from our firm so if you’re interested any more about this please give us a call at
interested in I’ll have a wonderful weekend ahead I look forward to talking with you next week take care and have a good one go big go bold
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