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When Gary Barnett hit upon a new way to aggregate and securitize multiple companies' financial assets, he turned to Shearman & Sterling to help secure the patent rights. However, Barnett is himself a partner at Shearman and the firm will hold the patent as an assignee if the application is approved. Such patents for what might be considered work-product raise thorny conflict-of-interest and competitive issues.
October 22, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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