Recently , the New York Times reported several fatalities and numerous injuries linked to defective airbags manufactured by a company named Takata. The defective design or nature of the airbag revolves around defective propellant in the airbag and has resulted in a massive recall involving millions of cars. According to documents reviewed by Reuters, not […]
Its Simple- Trade Secrets Are Only Protected Because They Are A Secret We live in a competitive world. The extent to which a company is able to protect its trade secrets is an important factor in its overall ability to survive and prosper. In the employment context, complicated legal issues arise when a departing employee […]
Using Metrics to Control Costs. A company, wherever situated, will eventually be subject to litigation, government investigations, fines, employee actions, class actions, commercial litigation, etc. In a sense, the cost of business is having to pay for resolution of legal matters and problems. However, that cost may be high. In order for a company […]
A company should consider the risk of success if it wants to remain successful. I recenlty went to one of my favorite new restaurants in Seoul. The restaurant has a unique menu- something you normally dont see in Korea. The food was very good as was the service. It became my favorite place to have Sunday […]
Product planning and development has the potential for great risk, but also for mitigation of risk if the right mechanisms can be used in a timely fashion. Creating products that do not present safety risks or pose a hazard is not only should be the main goal of a manufactruring company but it of course can […]
KOREAN IP SCANDALS: LACK OF ENFORCEMENT DESPITE THE MECHANISMS Lately, Korea has been the subject of several high profile IP related lawsuits. On March 11, Burberry filed a lawsuit in Korea against underwear maker SBW, claiming SBW copied Burberry’s trademarked checker patterns. More recently, SanDisk and Toshiba files separate lawsuits against SK Hynix for stealing […]
