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Intellectual property portfolio management is an essential part of any tech company's business strategy. Part of the management strategy must include implementation of an appropriate patent licensing program. An effective licensing program can be the difference between a patent portfolio that churns out profits for your company and one that becomes a profits sinkhole.
The following is a basic checklist summary of various factors that must be considered in determining how to structure your patent licensing program. Considerations that will be addressed include 1) the overall business strategy and how that impacts your company's decisions to license or assign its technologies, 2) factors surrounding assigning vs. licensing your patents, 3) factors surrounding licensing your patents exclusively vs. non-exclusively, 4) dealing with “know-how,” 5) fee structures for your licenses, and 6) factors relating to foreign licensing.
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.
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
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.
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 real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.