Managing Intellectual Property
William Schwartz spoke to Managing Intellectual Property for an article discussing the high volume of intellectual property transactions during the COVID-19 pandemic.
According to William, clients have been paying more attention to bankruptcy clauses in transactions during the pandemic, adding that there has also been more of a focus on technology escrow issues recently to make sure there is protection for licensees in the event of a licensor business failure.
He also noted that working from home can possibly affect trade secret concerns in M&A, as remote working can make it difficult for companies to keep pre-released versions of their products confidential, and he suggests drafting additional protections around who can have access to the technology.
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