In this article we will provide experiences from recent IT disputes and tools for handling various technology licensing claims related to breaches of contract and copyright infringements after license audits. We also focus on negotiation points regarding third party and standard software licenses that could be used to prevent any problems in advance. We also look at these issues from the perspective of a listed company and provide guidance when an IT dispute could “materially affect” the value of the company's securities and try to provide assistance when an IT dispute would have Securities Law consequences. Finally, we provide a list of key rec-ommendations for IT audit-specific cases to help you navigate through the main risks.