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...
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