The Licensing Corner
JAMES C. ROBERTS III
Global Capital Law Group PC
IP ISSUES THAT KEEP STARTUP LAWYERS UP AT NIGHT
It is axiomatic that license agreements are supposed to memorialize who is granting to whom what rights in what "stuff," for what period and territory and for what purposes. ("Stuff" is a technical term.) Simple enough.
Well, not so fast. Technology attorneys are often approached by startup teams asking for help in IP transactions that have already happened, frequently without IP counsel involvement or even documentation. There are enough real-world examples of some part of this nexus collapsing under even cursory examination that it is worth a closer look at a few of the links in that causal chain.