Identify every valuable intellectual asset & reduce them to copyrights, trademarks, patents, trade secrets, etc. Move them to a non-operating company & license them to an operating company in return for royalties. This will protect vital business assets and can save taxes.
- Trade secrets
- Web sites
- Customer database
- Social media accounts
The Act that made it all possible.
“Today, President Obama signed the Defend Trade Secrets Act of 2016 (“DTSA”) into law, bringing trade secrets alongside trademarks, copyrights and patents as intellectual property rights protected under federal law.” May 23, 2016.