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David Kalish and John Owen Receive Legal Elite Nod from Business NC Magazine

Chosen by the state’s lawyers, the legal elite listing recognizes NC's top attorneys

Coats + Bennett, P.L.L.C. is proud to announce that members David Kalish and John Owen have both been recognized as Business North Carolina's 2017 Legal Elite in Intellectual Property Law.  The honor, voted on by their peers, recognizes the top attorneys in business-related categories. Every active lawyer in the state of NC is allowed to participate in the voting and those attorneys that earn the highest votes for the year are moved into the Hall of Fame. Mr. Kalish and Mr. Owen were elected to the list ranking top attorneys in the Intellectual Property category. In addition, three Coats and Bennett attorneys are listed in the Legal Elite Hall of Fame for Intellectual Property, David Krasnow (2010), Anthony Biller (2013), and Larry Coats (2014).

 

Coats + Bennett, P.L.L.C is a full service intellectual property law firm with extensive experience across a range of technologies and businesses. Our areas of practice include patent and other intellectual property litigationpatent application preparation and prosecutiontrademarks, copyrightslicensingtrade secretsinternet and domain name disputes.

David Krasnow Joins Coats + Bennett’s Patent Practice

Coats + Bennett, PLLC, is pleased to announce that David Krasnow has joined the firm.  Mr. Krasnow’s experience spans a variety of technical areas and includes providing counsel on patent issues involving polymer chemistry, inorganic chemistry, optics, ocular science, pharmaceuticals, industrial gases, raw and specialty chemicals, coatings, refractory materials, material deposition, medical devices, and many other fields.

Mr. Krasnow has significant experience with matters before the U.S. Patent and Trademark Office.  Over a career spanning nearly 30 years, Dave has handled virtually every aspect of patent issues – from prosecution to due diligence to rendering all varieties of intellectual property opinions.  Dave is well-versed in issues related to invalidity and infringement as well as advising clients on valuation matters in complex merger, acquisition, divestiture, and initial public offering activities. 

“Dave Krasnow is a great addition to our firm,” states David Kalish, Managing Member.  “His experience in a wide range of patent issues builds on the strength of our already strong team.  His knowledge in chemistry will also bolster our technical abilities to serve a wide range of clients.”

Mr. Krasnow frequently speaks on matters related to his IP practice and has taught advanced patent law courses at the University of North Carolina and lectured annually at Duke University’s Fuqua School of Business. He is active in a number of professional organizations and founded the Triangle Intellectual Property Law Association in Raleigh, and twice served as its President.  He has authored a number of publications regarding his experience in patent law and was recognized for his vast achievements with the induction into the NC Business Legal Elite Hall of Fame in 2010.

Dave earned a Bachelor of Science in chemistry from Southampton College of Long Island University in New York and a law degree from the George Mason University School of Law in Arlington, Virginia.  

Coats + Bennett PLLC member, Anthony Biller, recognized in Citizen-Times for mentoring students about the North Carolina court system

A program called the Speakers Bureau launched by the NC judicial branch helps communities and students better understand the judicial system within our state.  Experts statewide meet with various organizations and schools to better educate on the different branches of government within the court system that people would encounter in their daily lives.  The judicial branch believes that if people have better knowledge about each branch then there will be less confusion around what the system does and how it works.  The launch of this  program coincides with the 50 year milestone anniversary for the NC judicial branch. 

Read the article here.

Two Coats + Bennett attorneys named Super Lawyer Patent Attorneys by Thomson Reuters

Cary, NC:  Coats + Bennett PLLC is proud to announce that founding members Larry Coats and David Bennett have been named in Thomson Reuters 2017 Super Lawyers list within the Intellectual Property category.  Having a combined total of more than 60 years’ experience, Thomson recognized them as being at the top of their field regarding patents, trademarks, copyrights, and infringement litigation.  Coats + Bennett PLLC is repeatedly recognized for exemplary service to clients locally and worldwide for the safeguarding of business assets and protecting competitive advantage. Coats + Bennett PLLC specialize in protecting innovation within a broad range of industries including Wireless Telecommunications, Chemical, Environmental & Wastewater, Mechanical Arts, and Textiles. 

“I am extremely proud of my friends and business partners, Larry Coats and Dave Bennett, for receiving this honor” said David Kalish, managing partner Coats + Bennett, P.L.L.C. “Larry and Dave are always striving to provide the highest quality work for the benefit of their clients. That their peers recognize this and selected them among the best for their understanding of patents, trademarks, and copyrights is a testament not only to the service they provide to their clients, but to their standing in the legal community.”

For more information regarding the Super Lawyer selection process, please visit the Super Lawyers official website.

TIME TO UPDATE EMPLOYMENT AND CONFIDENTIALITY AGREEMENTS IN VIEW OF NEW TRADE SECRETS LAW

A new federal law on trade secrets has recently been enacted that should require a change in non-disclosure and employment agreements that address confidential information.

The Defend Trade Secrets Act was signed into law in May of this year.  This new law provides for trade secret misappropriation to be brought in federal court according to the provisions of the new law.  Trade secret misappropriation was previously a state law issue covered by the laws of the particular state where the misappropriation occurred. 

The new law defines three requirements for information to be considered as a trade secret: the information must be secret; the owner of the information must have taken reasonable measures to keep the information secret; and the information has value to the owner when it is kept as a secret.  The new law provides for the owner to recover damages and an injunction if the information is stolen.  For egregious situations, the owner may also obtain enhanced damages up to two times the awarded amount as well as to collect their attorney fees.

The new law provides immunity for an employee who discloses the information when reporting a possible trade secret misappropriation.  This whistleblower immunity provides for the employee to disclose the information to a government official or an attorney during the course of reporting the possible misappropriation.  If an employee is not made aware of this immunity and later takes or discloses a trade secret, the employer is not eligible to collect enhanced damages or their attorney fees.  Therefore, confidentiality and employment agreements should include a clause explaining the immunity to the employee.

The new law also includes other provisions, including the possibility of seizures, the relationship with existing state trade secret laws, the definition of an employee, employees that change jobs and misappropriation that occurs outside of the United States.

Please contact us if you would like more information on this new law.

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