Darryl Jay Horowitt's Answers

Darryl Jay Horowitt
Los Angeles Litigation Lawyer.
Contributor Level 6

4

Attorney answers:

  1. Pamela Koslyn
  2. Pierre George Basmaji
  3. Darryl Jay Horowitt
  4. Kristina Michelle Reed

If someone decides to sue my corporation, can't I just sell all the IP assets to someone else before litigation commences?

Asked by a user in Los Angeles, CA - 7 months ago.

The responses you have received so far answer your question. I would, however, check to see if you have insurance that may cover this claim. Most general liability insurance policies provide protection against most suits that might be filed. To be sure, check with your insurance agent to determine if you have coverage for anticipated suits including coverage for inadvertent patent and/or trademark infringement or misappropriation of trade secrets. If not, let your agent know how you conduct...

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