Your assets include both tangible and intangible property.
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Tangible assets include items you can touch, i.e. inventory, a building and equipment.
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Intangible assets include non-physical property with economic value, i.e. customer information, marketing plans, trademarks, copyrights, and trade secrets.
Securing your assets is critical to the vitality of your business.
Intellectual Property
Intellectual property may be your most valuable asset. Licata & Toerek's expertise includes trademark law, copyright law and trade secret protection. Here is a list of some specific areas you may need to address:
Trademark Law
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Performing and analyzing results of trademark screenings and searches
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Drafting and issuance of trademark opinion letters
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Filing and prosecution of state and federal trademark applications for client marks
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Management of client trademark portfolios
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Negotiation and drafting of trademark transfer and license agreements
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Protection and enforcement of trademarks in cease and desist proceedings or infringement litigation
Copyright Law
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Federal registration of copyrights in client creative work
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Negotiation and drafting of copyright assignment and license agreements
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Protection and enforcement of copyrights in cease and desist proceedings or infringement litigation
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Enforcement of proprietary rights and Work for Hire arrangements
Intellectual Property Licensing & Transfers
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Negotiation and drafting of intellectual property licenses
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Revenue sharing and royalty arrangements
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Intellectual property transfer agreements
Internet & Social Media Use
Counseling clients about appropriate usage of trademarks, copyright-protected materials, and disclosure of company, proprietary information in internet business transactions, electronic communications and on social media outlets
Employment IP Issues
The intersection of our intellectual property and employment law practices uniquely positions us to recognize issues of employee confidentiality, non-competition and non-solicitation.
Trade Secrets
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Counseling clients about trade secret protection strategies and policies
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Drafting confidentiality and non-disclosure policies and agreements for employees and business partners
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Representation in trade secret misappropriation proceedings
Business Entity Formation
Choosing and maintaining the correct entity for your business can impact your personal liability, finance and taxation matters and governance structure. All of these issues affect protection of your assets. Licata & Toerek can assist you with:
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Entity selection
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Formation and chartering of Ohio legal entities
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Restructuring existing legal entities
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Corporate Bylaws and Codes of Regulations
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Operating Agreements
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Close Corporation Agreements
Growth and risk transfer
Regulatory Compliance & Opportunity
One way to lose your assets is to ignore local, state and federal regulations requiring your business to comply with a variety of government obligations. Similarly, some regulations provide business owners with various opportunities.
Licata & Toerek reviews those regulations on an ongoing basis to provide its clients with the direction necessary to avoid penalties and fines and to pursue rare opportunities. This review includes new legislation which requires thorough analysis to understand its complete range of implications.




