Seventh Circuit Court of Appeals Issues Ruling Which Affirms Rights in an Exclusive License to Joint Intellectual Property

Print this postI just spent about five hours on the phone with multiple clients over the last few weeks explaining to them the ins and outs of exclusively licensing joint intellectual property, so I was pleased to see the decision of the Seventh Circuit Court of Appeals in the Wisconsin Alumni Research Foundation v. Xenon […]

Collaborating Can Create Legal Headaches if the Appropriate IP Agreements Are Not in Place

Print this postIf you run a small business, you have probably given some thought over this recession to how you might be able to collaborate with other businesses to generate some additional revenue for your business. I know that this is definitely something that I have been thinking about for my practice, and it is […]

Cutting Legal Costs by Investing in Good Templates

Print this postIn a recent blogpost, AdamsDrafting suggested that the recession should prompt companies to look at overhauling their contract template process. AdamsDrafting wrote: [A] recession should provide a greater incentive for a company to do something about the considerable amounts of time and money that it’s wasting due to its mediocre templates and primitive […]

License Grant Language: How Should it be Drafted?

Print this postKen Adams at Adams Drafting raised an interesting question about the proper drafting of a license grant in a software license. In particular, Adams questions the drafting of the following clause: Acme hereby grants Widgetco a nonexclusive, perpetual, irrevocable, royalty-free, fully paid-up, worldwide license to the Software (that license, the “License“). I agree […]

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