Law360, New York ( July 22, 2014, 8:19 AM EDT) -- A recent Delaware decision acknowledges that there may be an affirmative duty of officers and directors of a corporation to monetize the corporation's intellectual property. Ill-considered use of intellectual property, including patents, copyrights and trademarks, solely as passive deterrents against litigation by competitors may create a risk of personal liability. Fortunately, there are steps available to manage this risk that are also good profitable business strategies....
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