Assess Intellectual Property Law in a Business Context

Your management team sees a number of similarities between your company operations and various aspects of the LG Electronics case. You are asked to research the case and then to bring the outcome up to date with recent findings in the industry at the next managerial meeting.

In a PowerPoint presentation, address the following key points of the case and current legal situations that have occurred since the case was completed:

LG Electronics owned patents for a group of products, including microprocessor chips used in personal computers. It licensed the patents to Intel, but in a well-publicized separate agreement, excluded from the license any Intel customer that integrated the chip with non-Intel components.

1. Was there a binding agreement between Quanta and LG?
2. Though the agreement was “well-publicized” is it binding? Does it make the contract legal? Is this a valid defense?
3. Explain in detail what constitutes the acceptance of an agreement, identifying any critical elements required and how they apply in this case.
4. Would a similar situation be in the best interest of your corporation? Explain your reasoning with recent court cases as examples.
5. What steps might your corporation take to avoid this type of situation in the future?
6. Provide recommendations for moving forward with this type of agreement to protect both parties.

Incorporate appropriate animations, transitions, and graphics as well as “speaker notes” for each slide. The speaker notes may be comprised of brief paragraphs or bulleted lists.

Support your presentation with at least five (5) scholarly resources. In addition to these specified resources, other appropriate scholarly resources may be included. Be sure to include citations for quotations and paraphrases with references in APA format and style where appropriate.

Length: 10 slides (with a separate reference slide).
Notes: 200-350 words for each slide.