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Open Source Goes Mainstream: How to Manage the Risk
In recent years, numerous articles have been published in legal journals warning of the inherent risks of using open source code in the development of software ' the fear of pirated code, the possible threat of infringement claims, the “viral” effect of the redistribution provisions of the open source license on proprietary code, just to mention a few. Arguments that such risks are merely academic were trounced when SCO Group launched an infringement claim against IBM and its customers. (SCO Group sued IBM, alleging that IBM's Linux operating systems contained pirated UNIX code and related trade secrets allegedly owned by SCO. SCO has also sued two of IBM's major customers.)
Notwithstanding the dire warnings from lawyers and risk managers alike, companies continue to use open source code for their internal use, and to develop products to be sold or licensed to customers. Computer Weekly reported that 46% of firms surveyed by Forrester Research currently use open source, and another 14% plan to use it within the next 12 months. See, Computer Weekly, June 15, 2004, page 22. The acceptance of open source as a viable means to build sophisticated operating systems is also growing in the public sector. See, eWeek, eWeek.com, June 14, 2004. A recent article published in The Economist states: “That `open source' is a good way to make software is beyond question”, and suggests that open source represents a “new post-capitalist economic model” “Beyond Capitalism,” The Economist, June 12, 2004. Larger technology firms such as IBM, Sun, Apple and Novell have even jumped on the bandwagon by “open sourcing” some of their products.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.