Involves running, X-IT Products LLC, whose founders developed an innovative, lightweight and easy to use - even more - an escape ladder. After X-IT filed a patent application on a ladder in the United States, X-IT approached Kidde PLC, one of the largest suppliers of fire safety in the world. Negotiations under license X-IT invention or buy X-IT followed. The parties entered into a confidentiality agreement, which gave the patent attorney Kidde access to X-IT confidential application for a patent for the narrow purpose of reporting Kidde whether patent claims were weak or strong. After the X-IT founders saw Kidde representatives display stairs in a major exhibition, which was almost identical to the X-IT ladder, X-IT CEO had to decide what to do next. While suing Kidde for breach of a confidentiality agreement had a choice, X-IT barely enough money to carry out orders, not to mention pay attorney fees. "Hide
by Constance E. Bagley, David Lane Source: Harvard Business School 13 pages. Publication Date: September 26, 2002. Prod. #: 803041-PDF-ENG
Related Case Solutions & Analyses:
Airbus vs. Boeing (C): Developments from 1996 to 1999
Role of the Internet in Physician-Patient Relationships: The Issue of Trust
Saras Options
Fsas: Fujitsu Support and Service Inc.
An Analysis of Stock Option
Silver Sales Company
CALTRON LTD.
North American Financial Corporation (NAF) The MLM Project (A)
Daqi Case Report
Mekong Capital
