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Conducting Intellectual Property Due Diligence: Video Leadership Seminar with Leon Radomsky of Foley & Lardner LLP
ExecSense, Aug 2007, Minutes: 40


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The goal of this Video Leadership Seminar is to provide executives and lawyers with specific strategies for conducting IP due diligence. The DVD is viewable on any computer or iPod (that supports video) and features 40 minutes of live video with Leon Radomsky of Foley & Lardner LLP, sharing his knowledge and experience on due diligence, researching intellectual property issues and understanding potential IP red flags. The Video Leadership Seminar provides specific resources such as the most important laws in association with intellectual property, strategies to succeed and a checklist for conducting due diligence on intellectual property.

Topics covered in the Video Leadership Seminar include:

- Preparatory Procedures
- The challenges in conducting due diligence
- Updating patents to fully cover products
- Patent infringement and ways to work around patents
- Strategies of competently conducting due diligence
- Validating or De-validating Claims
- Inventorship or Ownership
- Going beyond the formalities to fully cover and safeguard your IP

Samples of the types of questions answered in the Video Leadership Seminar include:
- Why is it so important to conduct due diligence for intellectual property?
- Who initiates the efforts and who is responsible for evaluating the due diligence?
- What impact does the nature of the IP have on the due diligence process?
- What elements comprise the financial stakes for IP? What bearing does this have on the due diligence?
- What are the greatest challenges? How are these overcome?
- What documents and records are generated by the process? How are these used?
- What technique is used to better understand the specifics of the IP under review?
- What role does technology play in conducting due diligence?
- What are the laws regarding intellectual property?
- How are international rules different than U.S. rules? How are the differences reconciled?
- What are the legal and non-legal consequences of poorly performed due diligence?
- How does the law protect property rights?

About the Author

Leon Radomsky is senior counsel with Foley & Lardner LLP and a member of the firms Chemical & Pharmaceutical and Electronics Practices. He is also a member of the Emerging Technologies, Energy and Nanotechnology Industry Teams. Mr. Radomsky focuses on strategic client counseling, IP due diligence and agreements, opinions and all phases of U.S. and international patent portfolio development, including patent application drafting, prosecution, appeals, reissues and reexaminations in the areas of nanotechnology, semiconductor devices and processing, materials science, solar cells and fuel cells. Prior to joining Foley, Mr. Radomsky worked as a patent examiner in the U.S. Patent and Trademark Office, where he examined patent applications in semiconductor device processing and developed a broad knowledge of semiconductor device and liquid crystal display fabrication technologies. Prior to that, he was a doctoral research assistant and teaching assistant at Columbia University, where he gained expertise in semiconductor physics and testing, metallurgy and electronic materials processing.

Mr. Radomsky was recognized in the Legal 500 US: Volume II: Intellectual Property, Media, Technology, and Telecom 2007 Guide as a top attorney for patent prosecution.
Mr. Radomsky has authored numerous legal articles and book chapters. He authored a chapter on IP due diligence in 'Structuring Patent Licensing Transactions' published by Aspatore Books. While still in law school, Mr. Radomsky was awarded the Rossman Memorial Award as the author of an article in the Journal of the Patent and Trademark Office Society that made the greatest contribution to the fields of patents, trademarks and copyrights in 1997-98. In addition, Mr. Radomsky has also authored articles which have appeared in numerous publications, including Intellectual Property Today, Patent Strategy & Management, Berkeley Technology Law Journal, Nanotechnology Law & Business and R&D Journal. The articles have covered diverse legal topics, including claim interpretation, an analysis of world wide semiconductor chip layout protection laws, government rights in nanotechnology patents, a summary of the first Federal Circuit nanotechnology decision, and patent inventorship and ownership issues facing nanotechnology companies. Mr. Radomsky has also co-authored numerous articles on semiconductor physics. Mr. Radomsky is an active member of the American Intellectual Property Law Association (AIPLA), where he serves as chair of its Chemical Practice Committee. He is also the past chair of its Young Lawyers Committee. Mr. Radomsky frequently serves as an instructor at the annual AIPLA Patent Prosecution Basic Training for New Lawyers seminars and prepared portions of the seminar textbook. Mr. Radomsky has also made numerous presentations at AIPLA committee meetings on subjects ranging from IP due diligence for venture capital investment in start-up companies to opinions of counsel to recent case law. Mr. Radomsky is also a member of the American Bar Association, Intellectual Property section. Mr. Radomsky is active in industry organizations as well. He is a frequent speaker at nanotechnology conferences on intellectual property issues facing nanotechnology start-up companies and investors. Mr. Radomsky is an active member of U.S. Patent & Trademark Office semiconductor and nanotechnology partnerships and was a speaker at several semiconductor partnership meetings. Mr. Radomsky graduated from Columbia University (B.S, metallurgical engineering; M.S., materials science) and George Mason University School of Law (J.D., magna cum laude), where he was a member of the Law Review. While in law school, Mr. Radomsky was a national finalist in the Giles S. Rich Moot Court Competition in Intellectual Property and was also the winner of a regional best brief award. Mr. Radomsky has been admitted to practice in the District of Columbia and Virginia, and before the U.S. Patent and Trademark Office. He is fluent in Russian.



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