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Creative vs. Corporate: Patent Infringement Awards Respawn the Debate over Patenting Video Games
This past May, a Texas jury awarded GREE Inc., developer of the game Fishing Star, $92 million in damages against Supercell Oy, the developer of the game Clash of Clans, based on allegations of patent infringement.
It is common for businesses involved in developing and bringing to market consumer products to go through the "it's all about the art" vs. "it all about the bottom line" conflict that invariably raises its head from time to time. This conflict tends to arise when individuals from the creative side of the house and individuals from the business side of the house get together with legal counsel to discuss strategies for protecting the fruits of their collective labor. Nowhere is this tension more apparent than in the world of video game development.
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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.
Supreme Court Rules Rejection of Trademark License Does Not Rescind Rights of Licensee
Mission Product Holdings, Inc. v. Tempnology, LLC The question is whether a debtor's rejection of its agreement granting a license "terminates rights of the licensee that would survive the licensor's breach under applicable nonbankruptcy law."