How can I protect my intellectual property rights in a merger or acquisition?

To protect your intellectual property rights in a merger or acquisition, it is important to understand the various laws and regulations that apply. In New Hampshire, the Uniform Trade Secrets Act (UTSA) and the New Hampshire Consumer Protection Act are two important pieces of legislation that protect intellectual property. Under the UTSA, an owner of a trade secret can take legal action against someone who uses or discloses trade secrets without the owner’s consent. This includes a potential acquirer or a competitor. A trade secret is defined as any information that provides an economic value to the owner by not being generally known or reasonably ascertainable. The New Hampshire Consumer Protection Act also provides protection to intellectual property. This law prohibits unfair and deceptive acts, such as making false or misleading representations about products or services. It also prohibits the sale or use of any product or service that is harmful to consumers. It is important to be aware of any intellectual property that you possess and to remain informed of the laws and regulations that protect it. A good first step to protecting your intellectual property rights in a merger or acquisition is to consult with a knowledgeable attorney who can help you understand and navigate the relevant laws.

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