The Perils Of One Wrong Word In A Contract

Law360, New York (June 8, 2011, 2:06 PM EDT) -- In Board of Trustees of the Leland Stanford Junior University v. Roche Molecular Systems Inc., the U.S. Supreme Court granted certiorari to determine ownership rights pertaining to federally funded inventions.[1] On June 6, 2011, the Supreme Court provided guidance on this matter via Chief Justice John G. Roberts' opinion.

The court held that a federally funded invention does not automatically vest ownership of the invention to a federal contractor or authorize a federal contractor to unilaterally take title to the invention.[2]

The question presented in the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.