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Insolvency of a multinational corporation with U.S. and foreign assets brings the prospect of complex bankruptcy. A recent case illustrates some concerns a licensee of e-commerce-related software and other intellectual property could have when a foreign licensor files for bankruptcy outside the United States.
Nostalgia for board games whose outcome meant nothing more than bragging rights and an opportunity to have fun made the online versions top hits in the dawn of the Internet era. Today, the children who once played those games ' and their parents ' have grown up and done serious, responsible things, like forming e-commerce companies. Unfortunately, many of them are still playing board games when they fail to see the benefits of having a traditional board of directors, but they're now playing a game with much more potentially serious consequences.
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The speed and shape of the American economic recovery is a matter of great debate. What is not up for speculation is the dramatic effect the downturn had on all businesses, including the legal industry. Workers and managers alike are struggling to figure out what will be expected from them in the coming business quarters, and how to deliver on these expectations. Here are three highlights for legal professionals which just may make the difference between being in the black or in the red.
The IRS guidelines for deducting travel and entertainment expenses are complex. This article will assist your firm in properly documenting these expenses and avoiding a potential tax authority audit.
Most law firms sponsor some type of retirement plan for their employees, but how many plan administrators really know their plan? As a plan fiduciary, what are your responsibilities related to the operation of your pension plan? Read on to find out about your responsibilities as plan fiduciary, key features of your plan about which you should be intimately familiar, and some common problems associated with operating retirement plans.
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From construction contracts, to supply contracts, to equipment leases, franchisors and franchisees might face the problem of litigating numerous legal disputes simultaneously. This, of course, can be devastating for a business, whether big or small. So what can you do to avoid these pitfalls?
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Franchisors and franchisees need faster, cheaper, and better ways to resolve disputes. Planned early negotiation processes and early active intervention clauses can help parties and lawyers achieve these goals.
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Highlights of the latest intellectual property news from around the country.
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Part One of this series discussed common IP settlement terms that may give rise to antitrust liability and how the analysis of whether a settlement agreement violates the antitrust laws depends upon many factors that are specific to the underlying facts. This second installment addresses recent challenges by the government and private plaintiffs to settlements between brand name and generic drug manufacturers, and how these challenges have further refined the antitrust framework for analyzing patent litigation settlement agreements in the pharmaceutical industry.
Features
Last year, the Southern District of New York reignited the 90-year-old hot news doctrine and applied it in the Internet context. Since that decision, a number of entities have attempted to use the hot news doctrine to prevent the unauthorized use of time-sensitive content, including most recently, financial firms and media outlets attempting to prevent news-oriented Web sites from publishing their well-researched content.
