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Editor's Corner: IP Management in New Companies
In the course of performing due diligence investigations on new technology companies (usually within the context of a potential venture capital investment), an attorney may uncover a number of common mistakes related to such companies' management of their intellectual property. When these mistakes are serious enough, discovery of them can jeopardize the investment, lower the company's or the asset's valuation, or allow the venture capitalist to extract other concessions. Given the current scarcity of venture funding, new companies cannot afford to take risks with the most significant asset they might possess ' especially where such risk is purely as a result of mismanagement. Accordingly, these mistakes are important from the perspective of both the technology companies and their potential venture capitalists ' as well as their respective counsel. The article below captures 10 of the most common intellectual property management mistakes made by new companies.
In the course of performing due diligence investigations on new technology companies (usually within the context of a potential venture capital investment), an attorney may uncover a number of common mistakes related to such companies' management of their intellectual property. When these mistakes are serious enough, discovery of them can jeopardize the investment, lower the company's or the asset's valuation, or allow the venture capitalist to extract other concessions. Given the current scarcity of venture funding, new companies cannot afford to take risks with the most significant asset they might possess ' especially where such risk is purely as a result of mismanagement. Accordingly, these mistakes are important from the perspective of both the technology companies and their potential venture capitalists ' as well as their respective counsel. The article below captures 10 of the most common intellectual property management mistakes made by new companies.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?