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Ho-ho-ho and a bottle of Tsingtao
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Just when you might have thought it was safe to get back
into the waters surrounding China’s
intellectual property rights, the pirates reappear .
Yes, in cases last year involving Germany’s NeoPlan Bus and
Japan’s Samsung, Chinese courts ruled in favor of patent holders and imposed
significant financial penalties on those found to have infringed on the
holders’ rights.
Those cases, as I noted earlier, led Ed Weisz, an IP attorney with the New
York City firm of Cohen, Pontani, Lieberman &
Pavane, to suggest that companies had less to worry about
going forward.
“Foreign companies should feel better about the value of
their patents,” Weisz told me in an interview.
He may right. But that doesn’t mean those companies won’t
have to aggressively seek to protect them along with their other IP rights.
Comments (1)
1. 06-22-2009 12:36
The classic ploy of less-than-forthright managers in China: do a JV with a foreign partner, then bail on the venture once they've seen how you operate your business.
Granted, this strategem isn't limited to companies in China. However, I've seen this pattern a fair amount in my time over there.
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