Key Harrington Barnes, PC

February 2015 Archives

Symantec to pay for patent infringement

Investors in Texas might benefit from understanding more about the court case ordering Symantec Corp to pay $17 million for patent infringement. The case was decided by a federal jury on Feb. 6 in Delaware. Intellectual Ventures was the plaintiff in the case, seeking $298 million in damages for two patent infringements. The jury awarded the patent licensing company $17 million for damages from the two violations, but cleared Symantec of the third alleged patent violation.

Strategic partnerships may benefit Texas businesses

Strategic partnerships are formed when two business entities collaborate for a mutually beneficial purpose. A legal contract, which delineates the obligations and rights of each partner, defines the partnership. This contract creating and defining a strategic partnership must designate the responsibilities, obligations and contributions of each partner.