Data security breaches are impacting long-standing and start-up corporations, as well as public and private entities. No one is immune from these threats and understanding the prevalence is the first step in best preventing this from impacting your organization.
As party goers rang in 2017 this past holiday weekend, owners of Bitcoins had additional reason to celebrate as the value of the digital currency soared past $1,000 USD on Monday. The surge in Bitcoin price, up from just $200 USD in January 2015, may provide additional fodder for the IRS, who has its crosshairs set on Bitcoin users who do not properly report their income related to the buying, selling, and/or exchanging of the digital currency.
Any agreement between two parties begins with the rosy optimism that the good times will last forever. In the world of technology licensing and development, however, we know this is rarely the case. While this blog has previously considered data security oversight by the board of directors of the company, it is also important for a company’s legal and procurement teams to establish a plan for the security, use, and transition of its data throughout the contracting process. These issues are particularly important in highly regulated industries such as healthcare and financial services.
While there are many types of data issues that a company may need to address in any contract negotiation, our team has found that the following issues require consideration in nearly every technology licensing and development agreement.
Read the full list on our Byte Back blog.
Last month this blog posted an article here outlining 5 Key Points when Purchasing Software. This article focuses on key points for the other side, the seller of the software, typically a developer or licensor. Although the seller/licensor typically provides its own form license, sometimes a purchaser will suggest using a different form or change the terms of the licensor’s agreement. Below are five important points to look out for, from the perspective of the licensor.
Once again, Husch Blackwell was proud to partner and participate in Techweek Kansas City. We want to congratulate the 10 winners of the LaunchKC grant competition and wish them the best of luck. Our own Jeff Simon served as a judge for the contest, so we know choosing the winners among such a strong cast of candidates was no easy task.
Recently, I was at a technology fair with my young son and there were multiple desktop 3D printers that were on display and for sale. One display that caught my eye showed 16 printers stacked together with each one in a different stage of printing. Several of the printers were printing figures of dragons and dinosaurs. My son thought they looked like fun and asked for one for his birthday. I asked him what he would use it for and he said that he would want to print out dinosaur figures, action figures, ships from Star Wars® or missing Lego® pieces. He said that he could make his toys exactly how he wanted his toys to look.
This got me thinking and I wondered if he could actually do it, print toys and figures that are protected by copyrights. Wouldn’t it be great if you could just print that missing Monopoly® piece?
In your free time, while not grinding away at your corporate day job, you’ve developed an early-stage version of an application that allows users to chase small digital emojis around town while staring at a smart phone. You’re confident it’s the next big thing, and the opportunities to monetize are endless. The problem: you’re not independently wealthy and the Powerball odds are awful.
Often, the first place founders look for cash is from friends, family and their professional network. Incubators, accelerators and “angel” investors may also be sources of initial seed funding. There are many considerations when navigating early-stage seed investments from valuation concerns to guaranteed returns to management and voting rights. There is a useful alternative to standard equity in early stage investments: convertible debt. Find out about its convertible debt’s key features, terms, and hang-ups in this post on our Food & Ag Law Insights blog.
Although more companies are purchasing software nowadays, spending perhaps tens of thousands of dollars a year in this one area, they continue to fall into the familiar trap of immediately signing pre-printed or online “form’ license agreements designed to protect the vendor not the purchaser. Some of these “form” agreements are non-negotiable, but many can be modified upon request. Here are five important points to address in most software agreements, from the perspective of the purchaser:
Anthony Grice, a Labor & Employment associate in the firm’s Technology, Manufacturing & Transportation group, was honored by the National Bar Association (NBA) with the “40 Under 40 Best Advocate” award at a gala July 18, 2016 in St. Louis.
The NBA 40 Under 40 awards recognize lawyers under age 40 who exemplify a broad range of high achievement and community involvement. Grice devotes his practice to employment and human resources issues and is a member of the firm’s Cortex team that assists technology and manufacturing start-ups with various employment needs. He was honored with other “40 Under 40” recipients during the NBA’s 91st Annual Convention in St. Louis.