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Sagot :
It is true that costs incurred to protect intangible rights should be immediately expensed if the defense is unsuccessful.
What are intangible rights?
Intangible Rights means (i) any and all documents in whatever form, including but not limited to writings, computer disks, computer tape, and electronic records, containing design and technical information, engineering or production data, drawings, plans, specifications, techniques, methods, processes, trade secrets, reports, models, market research data, customer lists, and any other information used or in the possession of the licensor that is relevant to the design, manufacture, assembly, service, and sale of the Licensed Products; and (ii) the licensor's general and particular knowledge, experience, and information that is not in written or printed form that is relevant to the design, manufacture, assembly, and service
To learn more about Intangible Rights, visit:
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