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JIPR Vol.13(3) [May 2008] >

Title: Insurance Coverage in Intellectual Property Litigation
Authors: Kumar, Jayant
Keywords: Intellectual property litigation
Issue Date: May-2008
Publisher: CSIR
Abstract: The initial phase of technology–driven market was to protect their intangible property through intellectual property. However, the phase continued for around two decades and people realized the risk attached with intellectual property and also the cost of litigating their IP rights in the courts. Thus, there arose a need for risk management and enforcement of intellectual property. The most efficient risk management device available to intellectual property owners is insurance. Due to high cost of litigation, attorneys’ fee, damages or settlement in patent infringement litigation, the risk attached with patents is much more than any other form of intellectual property. This paper discusses the insurance as a mode of mitigating risk during patent litigation and its various modes.
Page(s): 234-238
ISSN: 0971-5544
Source:JIPR Vol.13(3) [May 2008]

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