Blog

France Fines Google for GDPR Violation

France fines Google nearly $57 million for first major violation of Europe’s tough new data-privacy rules. CNIL (Commission nationale de l’informatique et des libertés), France’s top data-privacy agency said Google failed to fully disclose to users how their data is collected and what happens to it. The agency claims Google also failed to obtain users’…

Read More

Intellectual Property Rights: The Main United States Intellectual Property Rights

Intellectual property is intangible property that is derived from human intellect/innovation, has value and is protected by law. The main intellectual property rights in the United States are: patents, trademarks, copyrights and trade secrets. Patent A patent is a right granted to the inventor of a (1) process, machine, article of manufacture, or composition of…

Read More

The California Consumer Privacy Act of 2018 (CCPA)

The California Consumer Privacy Act of 2018 (CCPA) California became the first state to enact comprehensive data protection legislation with its June 28, 2018 passage of the California Consumer Privacy Act of 2018 (CCPA). The expansive new privacy law will impose significant obligations and restrictions on many businesses that handle the personal information (PI) of…

Read More

Termination of Commercial Contracts

There are many reasons why commercial contracting parties may which to terminate a contract early. Common reasons for terminating a contract include: unsatisfactory performance, the contract is no longer practical for one party to continue (for example, the party can get the goods/services more cheaply elsewhere), or one of the parties has gone into or…

Read More

SEC Chairman Warns Legal Advisors on Initial Coin Offerings

On January 22, 2018, in his opening remarks at the Securities Regulation Institute, SEC Chairman Jay Clayton expressed concerns regarding the role that legal advisors have recently been playing in the emerging market for blockchain-based initial coin offerings (ICOs). Chairman Clayton highlighted two questionable scenarios regarding the legal advice given in connection with ICOs: Lawyers…

Read More

The Effect of Technology on Privacy

What effect will technological advances have on privacy? It is clear that new technology has privacy implications. Will the average citizens “expectation of privacy” or “sphere of privacy” become more narrow overtime? Perhaps. It is entirely possible that more and more information will be considered personal, but not necessarily private. This discussion from TechCrunch: Disrupt…

Read More

Licensing 101: What is Out-Licensing

There are essentially two types of licenses. Out-licenses, which involve a company licensing its technology to a third party in exchange for royalties or other consideration ; and in-licenses, which involve a company acquiring the right to use the technology of a third party in exchange for royalties or other consideration. An out-licensing program can…

Read More

Licensing 101: What is In-Licensing

Licensing is, perhaps, the most common commercialization pathway for a company, outside of having a technology owner exploit the technology itself. Licensing occurs when the owner of a technology (or other entity with rights to a technology), the licensor, grants a third party, the licensee, the right to exploit the technology in some fashion. In-licensing…

Read More

Categories