FAQ

Intellectual Property

  • What is Intellectual Property (IP)?

    Intellectual Property refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. IP laws protect these creations and give the creator exclusive rights over the use of their work.

  • What are the types of Intellectual Property?

    The main types of IP are:

    Patents: Protection for inventions and innovations.

    Trademarks: Protection for brand names, logos, and slogans.

    Copyrights: Protection for original works of authorship such as books, music, and films.

    Trade Secrets: Protection for confidential business information, processes, and formulas.

    Design Rights: Protection for the visual design of products.


  • How long does IP protection last?

    The duration varies by type:

    Patents: Typically, 20 years from the filing date.

    Trademarks: Can last indefinitely if renewed periodically (every 10 years in most jurisdictions).

    Copyrights: Generally, 70 years after the author's death.

    Trade Secrets: Protection lasts as long as the secret remains confidential.

  • How can I protect my Intellectual Property?

     You can protect your IP by registering it with the relevant government agency (e.g., Patent and Trademark Office), using legal agreements like non-disclosure agreements (NDAs), and enforcing your rights through litigation or settlements.

  • Can I trademark a name or logo?

     Yes, you can trademark a name or logo, provided it is unique, distinctive, and used in commerce. It cannot be generic, descriptive, or already in use by someone else.

Corporate Law

  • What is Corporate Law

    Corporate Law governs the formation, operation, and dissolution of corporations, partnerships, and other business entities. It includes aspects such as mergers and acquisitions, corporate governance, securities regulation, and compliance with business laws. 

  • What is the difference between a corporation and a limited liability company (LLC)?

    A merger is when two companies combine to form a new entity, while an acquisition is when one company buys another. M&As involve complex negotiations, due diligence, and legal processes to transfer assets, liabilities, and control.

  • What is a company's “Articles of Incorporation?”

    The articles of incorporation are a legal document that officially establishes a corporation and outlines its basic structure, including its name, purpose, and number of shares.

  • What is a merger and an acquisition (M&A)?

    A merger is when two companies combine to form a new entity, while an acquisition is when one company buys another. M&As involve complex negotiations, due diligence, and legal processes to transfer assets, liabilities, and control.

  • What is corporate governance?

    Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves ensuring accountability, fairness, and transparency in a company's relationships with stakeholders.