intellectual property rights

Franchise business is impossible without Intellectual Property Rights, as they are inborn to a franchise. These Intellectual Property Rights constitute trademarks, designs, patents, copyright and trade secret. Trade secrets imply confidential information with a commercial value by virtue of being kept secret. Violation of Trade Secrets Any information or formula related to finance, technology, marketing, ...

Typically, a franchise system is a mix of the intellectual property rights (i.e. patents, trademarks, designs, copyright or trade secrets), its know-how and a carefully structured franchise agreement (the only legal document to secure the credentials and confidentialities of a franchise business). The franchise model has always been preferred by majority of the entrepreneurs to ...

When Hidesign, recently sent a legal notice to Woodland, accusing the shoes and accessories maker of infringing copyright laws by copying one of its popular designs. Woodland, which operates 400 stores in the country, too claimed the charges were baseless and flawed. In response, Woodland (Aero Club), the global adventure brand had also filed a ...