SOUTHLAKE, Texas (PRWEB) February 13, 2018
Managing Partner Robert J. Scott and Senior Attorney Christopher Barnett will present Strafford Webinar "Software License Due Diligence in M&A Deals: Evaluating Open Source and Other Software Assets" February 22nd, 1:00 - 2:30 pm EST.
Counsel to buyers want to make sure clients avoid unknowingly assuming the target’s software risks, such as reciprocal licenses or deficient code. They also want to ensure that the deal accurately reflects the true value of the target’s software. Counsel to targets want to leverage proprietary software to increase value and make the target more appealing to buyers.
Software due diligence is an important aspect of deal structure planning and key to protecting the legal interests of buyers and targets.
Robert and Christopher will provide guidance for M&A counsel on conducting software license due diligence before closing the deal. The panel will explain key considerations when evaluating open source and other software assets and discuss best practices to mitigate the risk of acquiring software assets whose liability risks outweigh their value.
Other key issues to be reviewed:
- What happens when the license is silent on the issue of assignability?
- What are key software due diligence success factors?
- How should counsel structure M&A deals to reduce software license compliance risks?
Following the speaker presentation, attendees will have an opportunity to get answers to specific questions during the interactive Q&A.
Robert J. Scott represents mid-market and large enterprise companies in software license transactions and disputes with major software publishers such as Adobe, IBM, Microsoft, Oracle and SAP. He has defended over 225 software audit matters initiated by software piracy trade groups such as the BSA and SIIA. He is counsel to some of the world's largest corporations, such as Schlumberger, PepsiCo, Iron Mountain and American Express, on information technology matters including intellectual property licensing, risk management, data privacy, and outsourcing.
Christopher Barnett represents clients in a variety of business, intellectual property and IT-related contexts, with matters involving trademark registration and enforcement, software and licensing disputes and litigation, and mergers, divestments and service transactions. Christopher's practice includes substantial attention to concerns faced by media & technology companies and to disputes involving new media, especially the fast-evolving content on the Internet.
For more information or to register: http://bit.ly/2G9aPJM.