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Professor of Law at Harvard Law School, where she teaches contracts, international IP, patents, copyright, and courses on Biblical Law. Individuals and companies commonly engage in the strategic purchasing of critical blocking patent portfolios. Professor Ruth L. Okediji is the Jeremiah Smith Jr.
IP Ownership Nearly all purchase agreements require the seller to warrant that it owns or licenses the intellectual property necessary for operation of the business. A settled “patenttroll” lawsuit is typically not the end of the world and is very common for any company in the middle market or larger.
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