Brown Rudnick's Michael Cohen outlines matters universities need to discuss when negotiating IP licences.
As a lawyer advising startups and venture capital funds, I am often tasked with making sure that the rights offered to various stakeholders work together, and that the resulting documents clearly (or, as clearly as high legalese will allow) describe the obligations imposed on the funded company. The goal is always to ensure that the next person to review the various agreements – whether investor, acquirer, or underwriter – understands the relationships among the parties, including the rights held by…
