Whether to hire an attorney to register your trademark is a serious question with potentially significant financial implications. A recent University of North Carolina School of Law study, which analyzed 25 years’ worth of United States Patent and Trademark Office (USPTO) data, showed that those applicants who retained an attorney were 50 percent more likely than those who applied without legal representation to acquire approval from the USPTO. Having an attorney review or complete your trademark application facilitates trademark registration.
Patents are arguably the most valuable type of IP. Patents protect inventions related to a product and/or to a process to make a product. Most patents in the maritime industry arise from research & development in the oil and gas, offshore, fishing, and engineering fields of unique industry. With the rise of the offshore oil and gas industry, the USPTO has seen a record number of patents applications pertaining to the extraction of offshore oil and gas. Do you have a great idea that you are ready to take to the next level? IMG can help.
Copyright infringement existed before the Internet, but the ease of registering domain names has increased the challenges of copyrighted materials. Indeed, because anyone from high school students to multi-million dollar corporations can register domain names at little expense, it may be a good idea to copyright your material if you feel that it could be threatened by a cybersquatter. Have questions about copyrighted material? IMG can help.
A non-disclosure agreement (NDA) or a confidentiality agreement (CA) is a legal contract between parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access by third parties. NDAs are useful tools for maritime businesses and international business entities; these agreements protect your company’s vital business information. Worried about the other side seeing and/or using your company’s proprietary information? IMG can help.
IMG is positioned to assist business organizations in drafting various types of corporate agreements and contracts. We assist clients with: day to day contracts and operational disputes; letter of credit disputes; supply contracts and standard terms for physical sale and purchase; storage and throughput agreements; disputes under time and voyage tanker charter parties including demurrage; joint ventures; regulatory issues and sanctions; and trade finance.
Forming the right business entity is critical to its success. Exactly what legal entity should be chosen and how it should be structure deserves early and careful planning. The most appropriate choice of entity depends upon your preferences for personal and entity taxation, risk of liability; business management authority; obligations as to meetings, paperwork, filings, personnel, and officers and directors-just to name a few.
IMG’s joint venture experience includes domestic, cross border and international joint ventures. The firm has been involved in joint ventures throughout the United States and in non-U.S. countries. IMG’s lawyers have a thorough understanding of all U.S. laws relating to the formation and operation of a joint venture business by a U.S. company.
IMG executes a wide variety of merger, acquisition, divestiture and reorganization transactions. We approach mergers and acquisitions from a business and entrepreneurial perspective, allowing us to anticipate our clients’ needs and develop practical and cost-effective business solutions. Our team approach ensures that each deal proceeds smoothly and as expeditiously as possible.