Part 1 of this three-part series discusses intellectual property ownership rights in the absence of another agreement. Part 2 addresses some of the common ways that parties can allocate the ownership of intellectual property...more
In Part 1 of this three-part series, we discussed how intellectual property ownership is determined in the U.S. if no agreement is in place. In this second part, we discuss the typical ways that parties can use contracts to...more
Protecting intellectual property rights is a critical component to the success of a technology company. In order for a tech company to determine how to protect its intellectual property, the company should understand how the...more
In Part 1 of this two-part series, we discussed some of the Federal Aviation Administration (FAA) requirements for commercial use of unmanned aerial vehicles (also known as UAVs or drones). In this Part 2, we discuss some of...more
Unmanned aerial vehicles (UAVs)—popularly known as drones—have enormous possibilities for use in the business world. In fact, the drone market is expected to exceed $12 billion by 2021. The small size, maneuverability, and...more
California was one of the first states to allow autonomous vehicles (self-driving cars) to be tested on public roads. On April 2, 2018, the state began allowing self-driving cars without a driver in the vehicle to be tested...more
Initial coin offerings (ICOs) have become a hot new way to raise funds in 2017, with more than $1 billion raised so far this year. In an ICO, a company or individual creates a new type of digital coin (also known as a...more
Companies that hold patents so that they can sue companies in an effort to generate revenue rather than create their own goods and services—also known as “patent trolls,” nonpracticing entities (NPEs), or patent assertion...more
The first self-driving car appeared on public roads in 2009. Since then, hundreds of other companies have begun working on various technologies designed to put self-driving cars on public roads, and the regulation of...more
On August 1, 2017, Delaware’s historic blockchain law became effective. The Delaware General Corporation Law (DGCL) has always required corporations to keep records of their stock and stockholders. Before this new law was...more
The US Patent Act gives patent holders the right to prevent others from making, using, offering for sale, or selling the invention in the United States or importing the invention into the United States. The premise behind...more
In our earlier Contract Corner post, we reviewed issues related to the term of a contract. In Part 2, we discuss considerations regarding renewal of that term.
Renewal: Practical Considerations -
Many contracts...more
In Part 1, we provided an introduction to “Blockchain,” the distributed ledger technology behind Bitcoin. In Part 2, we discuss some of the business and legal obstacles standing in the way of widespread acceptance of this...more
What is the term of your contract? It is one of the most basic questions with regard to any agreement, but drafting provisions regarding the “Term” raises multiple issues, both legal and practical....more