A while back, attorneys for Apple concocted a creative argument for why jailbreaking your iPhone constituted an infringement of the copyrights in the device’s software, based on the anti-circumvention provisions of the Digital Millennium Copyright Act (more familiarly known as the “DMCA”). The Library of Congress (as the body that promulgates regulations for enforcement of the Copyright Act) has today proposed an exemption to liability that specifically puts the kibosh on Apple’s legal theory.
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If you’re running your own small business, and you don’t have a holding company for your intellectual property, you should make an appointment to have your head examined. Creating a separate entity, solely for the purpose of owning your IP, is the quickest, easiest, and cheapest way to insure the goodwill associated with your business.
I realize that the subject matter of this post is a bit drier than what you may have grown to expect from Tactical IP, but I’m hoping that at least a few of our readers are here for free tips on how to make their intellectual property work for them. With that in mind, I’ll try to keep this light and painless.
Liability protection is the name of the game when it comes to creating business entities. Think of it like an insurance policy. If you do it right, assets can be protected from creditors, including judgment creditors who may have prevailed in a lawsuit. As far as the law is concerned, a properly created and maintained business entity is a separate “person” from its owners and employees. The benefit of that treatment is that, if the property created and maintained business entity incurs debts or gets sued, its assets are the only things that may be taken — not the assets of its owners. Let’s look at an example to really hammer this point home.
Earlier this week, Lindsay Lohan filed a $100 million suit against online financial services company, E-Trade. In her complaint (you can read it here), Ms. Lohan accuses E-Trade of appropriating her likeness in its Super Bowl ad, wherein the spokesbaby’s girlfriend accuses him of not calling her because he was with “that milkaholic, Lindsay.”
Dear Television Writers and Producers:
Let me start off by saying that I am a huge fan of television and that I particularly enjoy the pervasive one-hour episodic drama genre. Cop and lawyer shows are my absolute favorite, despite the fact that they often present embellishments and minor procedural inaccuracies. One of the only things that a legal education is guaranteed to do is suck all of the enjoyment out of watching courtroom shows that play it fast and loose with the formalities of litigation, but I’ve learned to ignore most of the discomfort that comes from watching a make-believe prosecutor present character evidence in his case-in-chief. I hardly cringe anymore when I hear scripted dialog about “robbing” a house or “murdering” an animal. I am writing today, however, to tell you of a related faux pas that I haven’t been able to ignore.
As I’m sure you are aware, a subclass of the traditional police show has been popping up with greater frequency in recent years. The basic premise for these shows is this: A civilian “consultant” is brought in by a law enforcement agency, based on some enhanced knowledge or skill possessed by said civilian, thereby magically improving the agency’s crime solving abilities. Amongst this subclass, I am a religious viewer of Psych, The Mentalist, Castle, White Collar, Fringe, and Bones (I can’t stand this one, to be honest, but it’s my wife’s favorite), to name a few. With varying degrees of success, each of these programs attempts to present a compelling dynamic between straight-laced cops and one or more outside-the-box thinkers, who presumably aren’t bound by the paradigm that you’re typical “G-man” occupies. It’s a classic odd couple arrangement – rambunctious corner cutter plays off of an endearing straight man. My issue lies with one particular outside-the-box solution that is floated again and again on these shows.
The opening day of the 2010 Winter Olympics was marked with tragedy when 21-year-old Georgian luger, Nodar Kumaritashvili, was involved in a fatal crash during a training run. The horrific event dampened the spirit of the international competition and colored the mood at the opening ceremonies later that night. As anyone would expect, the International Olympic Committee (IOC) sprung into action, responding to the accident with a multi-point plan:
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