Focus (Forum & Focus)
May 30, 2008
Relationship Trouble
recent state high court ruling should provide some comfort to technology licensing professionals that under California law their arrangements would not inadvertently create fiduciary duties, the breach of which can carry punitive damages, writes Thomas C. Klein. - Focus Column
By Thomas C. Klein
This article appears on Page 7
Technology licensing contracts, including invention assignments, typically do not involve any special trust relationships - that is, fiduciary relationships - between the parties. Without a fiduciary element, the only implied terms in a technology licensing agreement would be good faith and fair dealing, implied in every contract. Technology licensin...
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