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My name is Enrico Schaefer, I am a technology attorney with traverse legal PLC, and today I want to talk about nonfungible tokens or NFTs. Blockchain and blockchain technology is in the spotlight right now. On the Kings of Leon NFT sale site, you can identify the owner and other duediligence information.
Companies frequently seek to grow their businesses or enter new markets by acquiring other companies, particularly those with intellectual property (IP) and/or technology. Evolving Significance of IP Due-Diligence for an M&A Transaction. of such businesses.
But any company preparing to sell within the next five years should consider the more common IP issues that arise during the legal duediligence process. In most cases, this can be broken down between two central areas – technology and branding. Technology is often protected through patents or trade secrets.
Privacy-enhancing technologies are tools and techniques designed to protect users’ personal data and privacy by enabling the analysis and sharing of insights within data, without sharing the data itself. What are PETs? They minimize the use of data as they maximize its control. Why are they useful?
Uribe speaks with author, technology disruptor, strategist and CEO Linda Bernardi on the role of patent strategies in VC funding opportunities and duediligence. In this episode of the Knobbe IP+ podcast, Knobbe Martens partner Mauricio A. Leveraging Linda’s current role as CEO at XdMind Inc.,
and Lifestyle Licensing B, V , who are the rightful owners of the mark Beverly Hills Polo Club (BHPC), a luxury brand known for its high-quality apparel and accessories, accused Amazon Technologies Inc. The Plaintiff argues that Amazon failed to exercise sufficient duediligence and allowed counterfeits to be sold under its platform.
Declining valuations are the backdrop of the current technology M&A landscape worldwide, and intellectual property is a key value driver from the vantage point of a potential acquiror, so when it comes to duediligence for technology acquisitions, there are several pitfalls to avoid, say attorneys at Gibson Dunn.
Even if you bring in all the experts possible and even with unparalleled transparency and even with the best technology, things can slip through. It’s about performing duediligence and considering these issues before they become a problem. Perfection, however, is as unreasonable a standard here as it is anywhere else.
Piracy-equipped Kodi devices, illegal streaming apps, and similar tools have led legal specialists to attempt to apply laws that didn’t envision the technology. Laws that forbid the illegal uploading and downloading of copyrighted content are common around the world but the rise of streaming has sometimes exposed gaps in legislation.
Not only do we have access to technology can detect duplicative text and other issues, but the entire peer review process is supposed to be structured so that it can’t happen. This approach requires that all journals be ethical and perform duediligence on incoming works, something well known to be not true.
This move, reported earlier on January 9 by Aditi Agrawal in Hindustan Times , was made under the powers conferred by the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, and Section 79 of the Information Technology Act, 2000.
Open-source software (OSS) representations and warranties are an integral part of the intellectual property (IP) representations and warranties in mergers and acquisitions (M&A) transactions and financings, as M&A transaction documents regularly include requests for a seller to represent and warrant that it has policies in place regarding the (..)
While cases such as this one would be difficult to detect, even with anti-plagiarism technology, it is still important to perform duediligence and try to prevent as many of these issues as possible. It doesn’t matter if it was written by a ghostwriter, a team of named writers or even an AI.
All information is available with the contract like the price set up and sold based on standardized technology unit. Such a contract is developed by mutual consensus between the IP owner and Exchange, which is dependent upon the type of technology. In the case of an exchange, such duediligence is met by the IP exchange itself.
Dr. Anson is an Assistant Professor at the Inter University Centre for IPR Studies, Cochin University of Science and Technology, Kochi and has previously contributed to the blog here. Rather, key technology patents will bring economic prosperity. Anson CJ takes a look at the implication of this requirement on India.
Megan Chacon focuses her practice on complex patent litigation across a wide range of technologies. Culhane’s work entails counseling on patent prosecution, duediligence, and patentability and freedom-to-operate matters. Crystal Culhane draws upon her Ph.D.
Grace Kim focuses her practice on patent prosecution, client counseling and strategic portfolio development, clearance investigations, patentability analysis and duediligence investigations.
The Ministry of Electronics and Information Technology (“MEITY”), on 6 th June, 2022, issued a press release along with a proposed draft amendment (“Draft Amendment”) to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (“IT Rules, 2021”). v 1MG Technologies Pvt. Amit Kotak & Ors.
The frequency of these communications has only increased over the past few months as generative AI technology dominated headlines. Instead, enterprise users should be conducting their own duediligence on their specific usage and implementation of generative AI technology.
In an increasingly dynamic technology merger and acquisition landscape, there are seven high-impact diligence concerns that must be addressed early and with precision, say attorneys at Gibson Dunn.
Introduction The Ministry of Electronics and Information Technology (MeitY) was designated as the focal ministry for all issues pertaining to the online gaming sector on December 23, 2022. An intermediary that provides one or more online games is referred to as a “online gaming intermediary.”
The court thought that certain things were vague puffery: the statement that “technological upgrades” were on the way for EMAX; that EMAX had secured a “landmark agreement” with the Mayweather team; that there wouldn’t be a “rug pull”; and that the founders were “looking to lock their wallets.”
Though a recipient of widespread international popularity for its cost-effectiveness in accessing varied entertainment, news and sports content, the use of IPTV technology has always been clouded by legal challenges. What are the copyright concerns associated with IPTV technology? Her previous posts can be accessed here.]
This two-part series looks at and analyses the proposed draft amendment (“Draft Amendment”) to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (“IT Rules, 2021”). For convenience, let’s recap what these proposed amendments are: 1. This is a proposed addition in the form of Rule 3(1)(m).
“We get so enamored with finding the answer we’re looking for in our research that perhaps we don’t always do the duediligence. When we do acquisitions, you have 30 people visit the site to do duediligence. Just what does that duediligence entail?
From the safe harbour regime to duediligence obligations, from the harmonization of notice-and-action mechanisms to the regulation of trusted flaggers, this new legislation will apply to several areas of the law and also have a substantial impact on the interpretation, application, and enforcement of intellectual property rules.
It was highlighted that fashion has in recent years been a target sector for competition authorities and that, unfortunately, law and regulation is often behind the technology curve. Finally, the panel discussed where liability has fallen under the draft DSA with the concern being that liability is going to be linked to duediligence.
Another significant aspect of duediligence is the grievance redressal mechanism, which requires mandatory appointment of a Grievance Redressal Officer (GRO) based in India and whose contact details must be easily accessible to the public. It will ensure due compliance for a long period of time.
In India, we are governed by the Information Technology Act, 2000 [‘IT Act’] and the Rules made thereunder. If an intermediary observes the rules and operates with duediligence, that does go a long way to avoiding liability. Exemption from Liability is Conditional In common with the U.S.
The agreement outlines the benefits to be shared, such as monetary compensation, research collaborations, or technology transfer. Proper duediligence can help inventors avoid delays, penalties, and ensure their innovations benefit both society and the local communities.
Third, consumers should do their duediligence by reaching out to artists to verify the authenticity of the NFT before purchasing. Alternatively, consumers should purchase from auction houses like Christie’s or Sotheby’s to reduce the likelihood of buying a fake.
With their project, they hope to make NFTs more accessible, by simplifying the technology and allowing credit card payments. While not all LimeWire veterans are excited about the planned launch of the NFT marketplace this May, the new LimeWire can’t wait to get started.
After him, Dr. Anikó Grad-Gyenge (Vice Dean, Science and Innovation Affairs, Budapest University of Technology and Economics) explained that exceptions and limitations established in the EU framework can support cross-border access and delved into Open Access business models.
IP duediligence. The term “duediligence” refers to the process of looking into matters such as party ownership, asset identification, asset appraisal, and whether the business will be advantageous to us. IP duediligence aids the business in developing new business strategies.
In today’s era, where the whole world has turned to virtual means, blockchain as a technology is gathering everyone’s attention and showing accelerating growth in its market. In recent times, globally more and more patent applications are being filed for blockchain technology. However, are the blockchain technologies really patentable?
In today’s era, where the whole world has turned to virtual means, blockchain as a technology is gathering everyone’s attention and showing accelerating growth in its market. In recent times, globally more and more patent applications are being filed for blockchain technology. However, are the blockchain technologies really patentable?
In today’s era, where the whole world has turned to virtual means, blockchain as a technology is gathering everyone’s attention and showing accelerating growth in its market. In recent times, globally more and more patent applications are being filed for blockchain technology. However, are the blockchain technologies really patentable?
Del Dotto has worked on a variety of technologies, including, for example, pharmaceutical formulations, DNA sequencing technology, and nucleosides. Benedict has litigated in a wide variety of technology areas in U.S. Benedict concentrates her practice on all areas of intellectual property litigation in U.S.
The DSA sets EU-wide rules for the “conditional exemption” of intermediaries from liability (including a “notice and action” mechanism), while also imposing on intermediaries certain duediligence obligations that reflect the evolution in technology and business models since the EU legislation of the early 2000s.
However, forceful language such as “must be required to implement X’ and ‘should be prevented from doing Y’ are mostly replaced by scenarios where various entities ‘could’ be a real help if they did A, B or C.
Introduction Digital technologies such as the metaverse, non-fungible tokens ( NFTs ), blockchain and augmented realities are directly influencing how we cultivate and protect various forms of intellectual property, including trade marks.
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