Alfonso Garcia Chan and Kathleen Tierney of Cahill Gordon & Reindel LLP explain the potential benefits and challenges of having the federal government claim shares of royalties from university-owned patents. A recent proposal by Commerce Secretary Howard Lutnick that the federal government claim up to 50% of royalties from university-owned patents arising from federally funded research has drawn swift criticism from academic stakeholders and some outside observers.1 Yet there are several potential benefits to [...]

The reported US$975 million Khaby Lame transaction marks a genuinely new development in intellectual property (IP) transactions. The asset being commercialised does not fit neatly within the traditionally recognised categories of IP under UK or EU law. This is not the licensing or sale of pre-existing content, catalogues or brands in the conventional sense, but instead the deal involves the commercialisation of an AI-enabled version of a human identity – something more akin to [...]

An Ohio jury found Goodyear liable for misappropriating five trade secrets related to self-inflating tires in 2022, awarding the plaintiff, Coda Development, $2.8 million in compensatory damages and $61.2 million in punitive damages. Coda Dev. s.r.o. v. Goodyear Tire & Rubber Co., 160 F.4th 1350, 1353 (Fed. Cir. 2025). Following trial, however, the district court threw out the verdict and found in favor of Goodyear because, among other things, Coda had failed to sufficiently define [...]