TVT vs. Def Jam Provides Tips On Evidence Use
On March 21, a Manhattan federal jury ruled that the Island Def Jam Music Group (IDJ) committed breach of contract, copyright infringement and fraud over TVT Records plans to release an album by hip-hop producer Irv Gotti featuring Ja Rule and his group Cash Murda Click (CMC). (TVT alleged that IDJ wrongfully prevented Gotti from delivering a CMC album for a November 2002 release date.
High Court Hands Fox Copyright Defeat
We offer the synopsis of the decision in the story below for readers who represent Web sites and other e-commerce enterprises that use public-domain material as content to drive sales, use it to market their products and/or Web sites or even sell public-domain material. The High Court's ruling allows use of unattributed public-domain material, lifting concerns that such unattributed use is actionable under the Lanham Act, which some authors and other artists have relied on to seek relief for repeated use of unattributed material, even though such material had entered the public domain.]
How To Ensure DTPA Compliance
Each state has incorporated a Deceptive Trade Practices Act (DTPA), but the acts aren't the same, with states tailoring their law to meet the needs of constituents and e-commerce activity within their jurisdiction.
Don't Settle For Just a Warranty
Software license agreements can appear deceptively easy to draft, particularly in an age when form contracts are readily available. The danger, however, lies in overlooking subtleties that truly define parties' contractual intentions and obligations. If the licensee will be paying for custom software or modifications to pre-existing software, then warranties will play a particularly important role.
Litigation Traps in Purchasing a Business
When prospective purchasers of businesses don't perform a thorough due diligence on the sellers, the result can be unneeded and protracted litigation. Due diligence should include investigation into trade secrets, other potential purchasers, covenants not to compete, seller's liabilities and insurance coverage. The purchaser should consider all 'what ifs' including claims and remedies during the due diligence period. What if the seller defaults? What if the seller breaches the representations and warranties? What if the seller violates the covenant not to compete? What if the seller discloses or has already disclosed to others acquired trade secret information? Paying too much too early to a seller without substantial assets or sufficient holdbacks are red flags. In the event of a seller's breach and purchaser's lawsuit, any resulting judgment may be uncollectible.
Hotline
Recent developments of interest to corporate counsel.
Bye Bye Billables?
The concept of value-based fees for legal services is generating a steady buzz in the legal marketplace. Debate, discussion, reports and articles abound as attorneys and their law firms try to figure out if there is a better compensation model than the billable hour.
The Next Generation of Electronic Discovery
This is part two of a three part series on electronic issues related to litigation. Just as general counsel and their outside litigation attorneys are getting familiar with the challenges of electronic discovery, the definition of what is discoverable has begun to broaden. In most of the literature on electronic discovery, the list of places where discoverable information resides is fairly standard and includes computer hard drives, servers, CD-ROMs, floppy disks, zip disks, backup media, e-mail servers, laptops, home computers, and hand-held devices.
