Trademarks I think are the most commonplace for this to happen, but I believe it applies to all IP. I don’t believe that any laws are written with specific timeframes but if the court feels that a right holder knew about and didn’t take action against an infringer within a “reasonable” time (as to be determined by the count based on the circumstances surrounding the case), then an implicit license is inferred.
If this was not done, it would encourage right holders to wait out infringement in order to achieve larger settlements.
Trademarks I think are the most commonplace for this to happen, but I believe it applies to all IP. I don’t believe that any laws are written with specific timeframes but if the court feels that a right holder knew about and didn’t take action against an infringer within a “reasonable” time (as to be determined by the count based on the circumstances surrounding the case), then an implicit license is inferred.
If this was not done, it would encourage right holders to wait out infringement in order to achieve larger settlements.