Protection Of Intangibles Under Sarbanes-Oxley

Law360, New York (April 6, 2006, 12:00 AM EDT) -- Companies clearly recognize the economic value of properly protecting their intangible assets. While intellectual property (IP) protection programs were once just good business practice, under the Sarbanes-Oxley Act of 2002 (“SOX” or the “Act”), companies now face a codified duty of care to protect, maintain and value their intangibles. SOX forces companies to comply with U.S. Securities and Exchange Commission regulations requiring stringent disclosure and proper valuation of IP and intangible assets. Although the duty of care seems intimidating at first, especially since failure to comply...
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