Royalty Litigation Lawyer NYC - Francelina M. Perdomo Klukosky of Perdomo Law
Royalty Litigation Law Firm, Perdomo Law in Manhattan, New York City, NY
Billions of people each year play board games, listen to music, or buy t-shirts with unique imagery. Most consumers will never consider who created the game and the effort they gave to develop something so unique. The artists and others that devise new ways for people to find entertainment rely on the protection of their inventions and their ideas. Royalty litigation offers the opportunity for creators to recoup payments they may have lost. Anyone involved in the development of original intellectual works should know more about the protections provided by royalty laws.
What is Royalty Litigation?
All artists should receive royalties for their work. The person that created an original work like a book or a song is paid for each copy sold or performance given of their patented work. The payments are called royalties, and it is the primary way many artists financially benefit from their work so they can keep creating. Royalty litigation takes place when the artist, either a sole creator or a contributor to the development, does not receive an agreed-upon payment for their work.
Anyone involved in any type of creative process may need a lawyer that handles royalty law
disputes. A painter, a lyricist, and a video game developer are the types of people commonly involved in royalty battles. An average person that designs and markets a new board game or card game should also consider contacting a royalty litigation lawyer for assistance if someone else takes ownership of their work.
Sometimes, it is not the original creator that needs legal advice, but another entity that acquired the rights to the work from the artist or developer. The acquisition may occur from a purchase of the rights, or it may have been inherited after the passing of the original designer. The new owners of the property often have the same rights to royalties as the creator.
When Should You Contact a Royalty Litigation Attorney?
The law offers protection for intellectual property/ Artists and developers, and anyone who created something should contact an attorney whenever someone else profits from their work without permission. A creator can still win a royalty lawsuit even if their idea never actively reached the marketing stage under their guidance.
Another reason to contact a royalty litigation law firm is when someone does not fulfill their end of a legally binding contract. An artist may agree to allow a company to sell their creation for a specific royalty fee per unit sold but may need a lawyer if they believe the other party has under-reported the total number of sales. Any time the seller does not report a sale, the creator loses the money they should have earned for that item. It is a form of theft from the developer.
Thefts of intellectual property can also include when people create counterfeit versions of the work of others. Counterfeits exist in almost every industry and are common in the entertainment business, including gaming. The genuine artists lose billions in sales each year from people unwittingly buying fakes or choosing fakes or pirated versions to save themselves money.
Existing Business Needs and Litigation Support Package
Established businesses also have legal needs. Success can make a company more vulnerable to competition and litigation. Busy schedules can lead to mistakes. Francelina M. Perdomo Klukosky can look over contracts, goals, and procedures to see the details the people involved in the work may have overlooked. Our firm can assist with:
- Review existing contracts, provide comments, and redraft for improvement
- Provide opinion letters regarding contract enforcement
- Explore out-of-court settlement options for existing disputes
- Create a litigation plan for potential and existing disputes
Do You Have A Case? Contact Royalty Litigation Attorney, Francelina M. Perdomo Klukosky for a Case Assessment
Protect yourself from any action that leads to the loss of profit from a unique idea. Do not ignore incorrectly reported sales, stolen or counterfeit items, and thefts of intellectual property of any type. An attorney who understands royalty litigation can help you to calculate your financial losses and recoup those losses. Arrange a consultation to discuss the case to learn more about how our firm can help you. Contact us today to begin.
Please contact us for a Case Assessment.
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