ESOP 101: What, Why, How

As global trade relationships grow increasingly competitive, U.S. states are moving beyond federal channels to establish their own international economic frameworks.

Today, Feb. 20, 2026, the Supreme Court of the United States (SCOTUS) issued its much-anticipated decision in the Learning Resources, Inc. v. Trump case, which consolidated the title case and V.O.S. Selections v. Trump, resolving whether the International Emergency Economic Powers Act (IEEPA) authorizes the President to impose the challenged import tariffs.

In the world of innovation, one of the most common questions asked by our clients—from entrepreneurs and creators to executives at large companies—is whether their ideas can be legally protected. The short answer is: not directly.