Cunningham Swaim, LLP
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Dallas: 214-646-1495 | Pasadena: 626-765-3000 | DENVER: 303-309-8167 | Pagosa Springs: 970-749-0807

Dallas:
7557 Rambler Rd.
Suite 400
Dallas, TX 75231

214-646-1495
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Pasadena:
2 N. Lake Avenue
Suite 500
Pasadena, CA 91101

626-765-3000
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Pagosa Springs:
262 Pagosa Street
Suite 103
Pagosa Springs, CO 81147

970-749-0807
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Denver:
1801 Broadway
Suite 1400
Denver, CO 80202

303-309-8167
DENVER LAW OFFICE MAP

Business owners know that they must take proactive measures to protect their intellectual property. After all, intellectual property often supports the business, from a unique logo that boosts the brand to the ideas behind the products.

Unfortunately, there are some parties who seek to misappropriate or even steal a business' intellectual property for their own gain. Though this is rare, it is an increasing risk. The FBI reports that it has become easier for other entities to steal intellectual property as technology advances.

If business owners suspect that another entity stole their intellectual property, there are a few critical steps they must take.

1. Document evidence of your suspicions

Intellectual property theft is rarely random. It often happens as a result of employees or partners leaking information or industrial espionage. So, business owners must conduct internal investigations to gather evidence about the incident.

Valuable pieces of evidence in intellectual property disputes often include:

  • The original plans or documents, such as patent or trademark paperwork
  • Documentation of how the other party used the property
  • Any interactions with the other party

2. Request that the other party stop using the intellectual property

The next step is to contact the other party directly. You should draft a civil and formal request to demand that they stop using your intellectual property. In this request, it is helpful to cite:

  • The evidence you gathered to prove your claim; as well as
  • Relevant Texas or federal statutes that state your rights and protect your property.

You should also keep a physical copy of this request as well as the response. This can serve as critical evidence.

3. Speak with an intellectual property attorney

Regardless of how the other party responds to the request, business owners should contact an experienced intellectual property attorney in these situations. A knowledgeable business lawyer can help protect your business' best interests, rights and future effectively in these complex business disputes.

4. Then, revisit your protective measures

It may be beneficial to update your company policies and regulations to protect your intellectual property in the future. Forbes provides several helpful tips to update protections, including:

  • Controlling the access to your intellectual property
  • Revising confidentiality agreements and policies
  • Adjusting business strategies

This is a critical step to help reduce risk in the future and preserve your business' ventures.

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Dallas Office
7557 Rambler Rd., Suite 400
Dallas, TX 75231

Phone: 214-646-1495
Dallas Law Office Map

Pasadena Office
2 N. Lake Avenue
Ste 550
Pasadena, CA 91101

Phone: 626-765-3000
Pasadena Law Office Map

Pagosa Springs Office
262 Pagosa Street
Suite 103
Pagosa Springs, CO 81147

Phone: 970-749-0807
Pagosa Springs Law Office Map

Denver Office
1801 Broadway
Suite 1400
Denver, CO 80202

Phone: 303-309-8167
Denver Law Office Map

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