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Powerhouse Points:
Patents protect an implementation of an idea.
Copyrights protect the expression of an idea.
Trademarks protect consumers by identifying the source of a
product or service.
Trade secrets protect valuable information that is not
generally known to others.
When you look around a business, it s easy to see the hard
assets: products and equipment that could be lost, damaged, or
stolen. Your clients would be foolish not to protect them, and
there are some obvious ways to do it. For example, they can lock
things away or, for smaller things, require employees to wear
uniforms without pockets to reduce theft.
Inc.,
13 the ASBCA rejected the
contractor s attempt to escape default arising from the
contractor s admitted nonperformance after the government
exercised its offset right. No dispute existed that the government
had terminated the contract because the contractor failed to
deliver the specified equipment by the contractually required
delivery date. The contractor nevertheless argued unsuccessfully
that the government should have excused the nonperformance of its
subcontractor due to lack of payment because the government had
withheld payments to the prime contractor based on problems the
prime had experienced on a separate contract effectively
exercising its offset right. The board held that the default
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Last week, the Delaware Supreme Court issued an important decision effectively broadening the scope of stockholder pre-litigation inspection rights.
In January 2020, the Court of Chancery held in
Lebanon County Employees’ Retirement Fund v. AmerisourceBergen Corp. that demanding stockholders had established a proper purpose under Section 220 of the Delaware GCL to inspect AmerisourceBergen’s books and records and ordered,
sua sponte, a 30(b)(6) deposition to enable the plaintiffs to identify the types and custodians of documents to which they may be entitled.
[1] Vice Chancellor Laster’s decision is covered at length in a prior alert.